Question: What is the present value of: Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods.

What is the present value of: Use Appendix B as an

What is the present value of: Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. $7.900 in 10 years at 11 percent? (Do not round intermediate calculations. Round you final answer to 2 decimal places.) b. $16, 600 in 5 years at 9 percent? (Do not round intermediate calculation Hound your final decimal places.) c. $26, 000 in 14 years at 6 percent? (Do not round intermediate calculation Round your Final answer to 2 decimal places.)

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