How much would you have to invest today to receive the following? use appendix b and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. $13,500 in 10 years at 11 percent. (do not round intermediate calculations. round your final answer to 2 decimal places.) b. $17,250 in 16 years at 14 percent. (do not round intermediate calculations. round your final answer to 2 decimal places.) c. $6,900 each year for 19 years at 9 percent. (do not round intermediate calculations. round your final answer to 2 decimal places.) d. $46,000 each year for 25 years at 13 percent. (do not round intermediate calculations. round your final answer to 2 decimal places.)

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.