Problem $2$: Calculating Present Values. $($Note: Report answers as positive numbers.$)$For each of the following, compute the present value:

Present Value $($$$)$

Years

Interest Rate

Future Value$($$$)$

$2$a$\_\_\_\_\_\_\_\_\_\_\_$

$5$

$5\%$

$1,200$

$2$b$\_\_\_\_\_\_\_\_\_\_\_$

$8$

$7\mathrm{.}5\%$

$2,600$

$2$c$\_\_\_\_\_\_\_\_\_\_\_$

$16$

$15\%$

$14,400$

$2$d$\_\_\_\_\_\_\_\_\_\_\_$

$22$

$24\%$

$116,000$

PART $2$a:

Question $5$ options:

Question $6(2\mathrm{.}5$ points$)$

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PART $2$b:

Question $6$ options:

Question $7(2\mathrm{.}5$ points$)$

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PART $2$c:

Question $7$ options:

Question $8(2\mathrm{.}5$ points$)$

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PART $2$d: