Question: Problem 5-3 Calculating Present Values [LO2] For each of the following, compute the present value (Do not round intermediate calculations and round your answers to

Problem 5-3 Calculating Present Values [LO2]

For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.):

Present Value	Years	Interest Rate		Future value
$	12	6	%	$	15,351
	3	12			50,557
	28	13			885,073
	30	10			549,164

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