2 B 4 5 6 7 A Input area: Annual savings Number of years Discount rate 17 Your company will generate $55,000 in annual revenue each year for the next seven years from a new information database. If the appropriate discount rate is 8.2 percent, what is the present value of the savings? 12 Output area: 13 B 14 Present value 15 16 $55,000 C D 8.20% E 8 9 10 (Use cells A6 to B8 from the given information to complete this question. Your answer should be a positive value.) F G H

A B C D E F G H Your company will generate $55,000 in annual revenue each year for the next seven years from a new information database. If the appropriate discount rate is 8.2 percent, what is the present value of the savings? 4 Input area: \begin{tabular}{|l|l|} \hline 6 & Annual savings \\ \hline 7 & Number of years \\ 8 & Discount rate \\ \hline 9 & 8.20% \\ \hline 10 & (Use cells A6 to B8 from the given information to complete this question. Your answer should be a positive value.) \\ \hline 11 & \\ \hline \end{tabular} 12 Output area: 14 Present value