For each of the following, compute the present value: Present Value Years Interest Rate Future Value
$12 4 % $18,928 4 9 43,117 16 12 806,382 21 11 663,816

1. $11,822.61

2. $30,577.76

3. $131,546.81

4. $74,117.67

Step-by-step explanation:

The calculation of present value is shown below:-

For 1 scenario

= $11,822.61

So, the present value of 1st scenario is $11,822.61

For 2nd scenario

= $30,577.76

So, the present value of 2nd scenario is $30,577.76

For 3rd scenario

= $131,546.81

So, the present value of 3rd scenario is $131,546.81

For 4th scenario

= $74,117.67

So, the present value of 4th scenario is $74,117.67

Therefore we simply applied the above formula

the answer is c.

step-by-step explanation: