Question: 6? Submit quiz This quiz: 8 point(s) possible This question: 1 point(s) possible Quiz: Mod 7 Quiz 2 (16.3 16.4) Question 3 of 8 Find

 6? Submit quiz This quiz: 8 point(s) possible This question: 1

point(s) possible Quiz: Mod 7 Quiz 2 (16.3 16.4) Question 3 of

6? Submit quiz This quiz: 8 point(s) possible This question: 1 point(s) possible Quiz: Mod 7 Quiz 2 (16.3 16.4) Question 3 of 8 Find the present value of a continuous stream of income over 6 years when the rate of income is constant at $31,000 per year and the interest rate is 2%. The present value is $ . (Round to the nearest dollar as needed.)

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