An investment will pay you $91,000 in five years. Assume theappropriate discount rate is 6.25 percent compounded daily.


What is the present value? (Enter rounded answer asdirected, but do not use rounded numbers in intermediatecalculations. Use 365 days in a year. Round youranswer to 2 decimal places (e.g., 32.16).)

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now