2360
An investment will pay you $91,000 in five years. Assume theappropriate discount rate is 6.25 percent compounded daily.
Required:
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).)
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