(Solved): Calculate the present values and match to the correct amounts. Depending on the whether you used th ...

Calculate the present values and match to the correct amounts. Depending on the whether you used the tables, a calculator, or Excel, there may be rounding differences. Ignore these differences and select the best answer. What is the present value of $$\$650$$ to be received at the end of each quarter for the next three years. The appropriate annual percentage rate is $$8\%$$. 1. $$\$6,351$$ What is the present value 2. $$\$6,700$$ of $$\$2,600$$ to be received at the end of the year for each 3. $$\$6,874$$ of the next three years, discounted at a rate of $$8\%$$ ? 4. $$\$8,000$$ What is the present value of $$\$8.000$$ to be received at the end of 3 years, discounted at a rate of $$8\%$$ ?