The present equivalent value is 9 (Round to the nearest cent.)

Determine the present equivalent value of the cash-flow diagram shown below when the annual interest rate, ik, varies as indicated. : 4=100/0 $1,000 Click the icon to view the interest and annuity table for discrete compounding when i = 6% per year. Click the icon to view the interest and annuity table for discrete compounding when i= 8% per year. Click the icon to view the interest and annuity table for discrete compounding when i = 10% per year. The present equivalent value is (Round to the nearest cent.) -60/0 G = 100/0 G -80/0 3 Years $2,000 2 $1,000 4 5 $2,000 6