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

Problem 9-2 Present value [LO9-3] What is the present value of

Problem 9-2 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. ed a. $7,600 in 12 years at 5 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value pok int b. $16,300 in 6 years at 8 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value Print erences c. $25,500 in 18 years at 7 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value

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