Question: Round to the nearest cent (Present value) What is the present value of the following future amounts? a. $800 to be received 8 years from

Round to the nearest cent (Present value) What is the present valueRound to the nearest cent

(Present value) What is the present value of the following future amounts? a. $800 to be received 8 years from now discounted back to the present at 11 percent. b. $400 to be received 6 years from now discounted back to the present at 9 percent. c. $1,150 to be received 13 years from now discounted back to the present at 4 percent. d. $1,050 to be received 6 years from now discounted back to the present at 19 percent. a. What is the present value of $800 to be received 8 years from now discounted back to the present at 11 percent? $(Round to the nearest cent.) b. What is the present value of $400 to be received 6 years from now discounted back to the present at 9 percent? $(Round to the nearest cent.) c. What is the present value of $1,150 to be received 13 years from now discounted back to the present at 4 percent? $(Round to the nearest cent.) d. What is the present value of $1,050 to be received 6 years from now discounted back to the present at 19 percent? (Round to the nearest cent.)

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