For each of the following, compute the present value (Enter rounded answers as
directed, but do not use rounded numbers in intermediate calculations. Round your
answers to 2 decimal places (e.g., 32.16)):
Present Value
$
Years
12
Interest Rate
4%
Future Value
$ 18,528
$
4
9
42,717
$
16
12
802,382
$
21
11
659,816