You will receive $5,000 three years from now. The discount rate is 8 percent.
a. What is the value of your investment two years from now? Multiply
$5,000  .926 (one year’s discount rate at 8 percent).
b. What is the value of your investment one year from now? Multiply your
answer to part a by .926 (one year’s discount rate at 8 percent).
c. What is the value of your investment today? Multiply your answer to part b
by .926 (one year’s discount rate at 8 percent).
d. Confirm that your answer to part c is correct by going to Appendix B (present
value of $1) for n  3 and i  8 percent. Multiply this tabular value by
$5,000 and compare your answer to part c. There may be a slight difference
due to rounding.

Answer based off of manual!
A+