Question: Calibri %6 Paste BIU - A Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells Editing Clipboard Font AI v A B D

Calibri %6 Paste BIU - A Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cells Editing Clipboard Font AI v A B D E F G -- 1 2 An investment will pay you $65,000 in 10 years. If the appropriate discount rate is 7 percent compounded daily, what is the present value? 4 5 6 $ 7 8 Future value of investment Number of years Discount rate Times compounded per year 65,000 10 7% 365 9 10 11 12 Complete the following analysis. Do not hard code values in your calculations. Your answer should be positive. 13 Present value of investment 14 15 16 17

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