Problem $9-2($Algo$)$ Present value $[$LO$9-3]$

What is the present value of the following? Use Appendix $B$ as an approximate answer, but calculate your final answer using the formula and financial calculator methods.

a$.$ $$7,600$ in $12$ years at $5$ percent?

Note: Do not round intermedlate calculations. Round your final answer to $2$ decimal places.

Present value

b$.$ $$16,300$ in $6$ years at $8$ percent?

Note: Do not round intermedlate calculations. Round your final answer to $2$ decimal places.

Present value

c$.$ $$25,500$ in $18$ years at $7$ percent?

Note: Do not round intermediate calculations. Round your final answer to $2$ decimal places.

$$ Present value