Question: Problem 9-2 (Algo) Present value [LO9-3] What is the present value of the following? Use Appendix B as an approximate answer, but calculate your final

Problem 9-2 (Algo) Present value [LO9-3] 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. Present value a. $8,000 in 13 years at 8 percent? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. E Present value N 9 b. $18,000 in 7 years at 9 percent? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. Present value O c. $27,800 in 18 years at 10 percent? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places.

What is the present value of the following? Use Appendix 8 as an approximate answer, but calculate your final answer using the ormula and financial calculator methods. a. $8,000 in 13 years at 8 percent? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. b. $18,000 in 7 years at 9 percent? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. c. $27,800 in 18 years at 10 percent? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places

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