Question: QUESTION 20 10 points Save Answer What is the present value (PV) of $22000 received 4 years from now, assuming the interest rate is 15%

QUESTION 20 10 points Save Answer "What is the present value (PV) of $22000 received 4 years from now, assuming the interest rate is 15% per year? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer. QUESTION 21 10 points Save Answer "Investment X yields a payment of $4500 at the end of year 1, a payment of $5500 at the end of year 2, a payment of $6500 at the end of year 3, and a payment of $8000 at the end of year 4. Investment Y yields a payment of $6500 at the end of year 1, a payment of $5500 at the end of year 2, a payment of $4500 at the end of year 3, and a payment of $3500 at the end of year 4, What is the present value of Investment X if the interest rate is 5%? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer. QUESTION 22 10 points Save Answer "Investment X yields a payment of $4500 at the end of year 1, a payment of $5500 at the end of year 2, a payment of $6500 at the end of year 3, and a payment of $8000 at the end of year 4. Investment Y yields a payment of $6500 at the end of year 1, a payment of $5500 at the end of year 2, a payment of $4500 at the end of year 3, and a payment of $3500 at the end of year 4. What is the present value of Investment Y if the interest rate is 5%? Note Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an
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