Compute the present value of $1,150 paid in three years using the following discount rates: 6 percent in the first year, 7 percent in the second…

Q1.commpute the present value of $1,150 paid in three years using the following discount rates: 6 percent in the first year, 7 percent in the second year, and 8 percent in the third year. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Q2.(Round your answer to 2 decimal places.)

Q3.(Do not round intermediate calculations. Round your answer to 2 decimal places.)

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