Question: Present value ( with changing interest rates ) . Marty has been offered an injury settlement of $ 1 0 , 0 0 0 payable

Present value (with changing interest rates). Marty has been offered an injury settlement of $10,000 payable in 3 years. He wants to know what the present value of the injury settlement is if his opportunity cost is 5%.(The opportunity cost is the interest rate in this problem.) What if the opportunity cost is 8%? What if it is 12%?
If Marty's opportunity cost is 5%, what is the present value of the injury settlement?
$ (Round to the nearest cent.)
If Marty's opportunity cost is 8%, what is the present value of the injury settlement?
(Round to the nearest cent.)
If Marty's opportunity cost is 12%, what is the present value of the injury settlement?
(Round to the nearest cent.)
 Present value (with changing interest rates). Marty has been offered an

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