Problem 6-2 Present Value and Multiple Cash Flows [LO 1] Investment X offers to pay you $6,100 per year for 9 years, whereas Investment Y offers to pay you $8,700 per year for 5 years. If the discount rate is 5 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present value Investment X Investment y If the discount rate is 15 percent, what is the present value of these cash flows? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present value Investment X Investment y Spartan Credit Bank is offering 7.2 percent compounded daily on its savings accounts. You deposit $5,600 today. a. How much will you have in the account in 4 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places. e.g., 32.16.) b. How much will you have in the account in 12 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) C. How much will you have in the account in 19 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Account value in 4 years b. Account value in 12 years c. Account value in 19 years