Q1.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 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.)