About the present value, An investment will pay you $95,000

About the present value

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Reference no: EM131523344

An investment will pay you $95,000 in five years. Assume the appropriate discount rate is 7.25 percent compounded daily.

What is the present value? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Use 365 days in a year.)

Present value $

Reference no: EM131523344

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