until 12/31/18, when the rate changes to 10%. What will be the bank account Cane Corporation will depout $10,000 into the bank on January 1, 2016. Interest Rate is 5 balance on December 31, 20237 Select one a $14.520 1.316949 517,250 d. $17,796 S18644 Sharon Walsh has developed an educational software package. She agrees to sell the patent to Pensca for four annual payments of $50,000 each. The payments are to begin three years from today. Given an annual rate of what is the approximate present value of the four payments? Select one a $145,468 b. $276,143 $154,197 d. 5231,855 $300,726