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(Present value) What is the present value of the following future amounts? a. $900 to...

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(Present value) What is the present value of the following future amounts? a. $900 to be received 10 years from now discounted back to the present at 10 percent b. $300 to be received 6 years from now discounted back to the present at 7 percent c. $1,100 to be received 13 years from now discounted back to the present at 3 percent d. $1,200 to be received 6 years from now discounted back to the present at 17 percent a. What is the present value of $900 to be received 10 years from now discounted back to the present at 10 percent? (Round to the nearest cent.) b. What is the present value of $300 to be received 6 years from now discounted back to the present at 7 percent? \$ (Round to the nearest cent.) c. What is the present value of $1,100 to be received 13 years from now discounted back to the present at 3 percent? \$ (Round to the nearest cent.) d. What is the present value of $1,200 to be received 6 years from now discounted back to the present at 17 percent? (Round to the nearest cent.)

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