a) You are paid $16,239 38 months from now. Your monthly rate is 2.194%. What is the current value of the money? b) Given a discount rate of 5.19%. What is the present value of $61,792 that is paid to you 18 years from now? c) Given a quarterly interest rate of 1.5%. What is the value of $3,387.64 paid to you today in 17 quarters? d) Given a quarterly interest rate of 1.45%. What is the value of $4,272 paid to you today in 8 quarters? e) What is the future value of $4,725? The time horizon is 11 years and the discount rate is 5.57%.

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