Question: E9-14 (Algo) Computing a Present Value LO 9.7 An investment will pay $21,600 at the end of the first year, $31,600 at the end of

E9-14 (Algo) Computing a Present Value LO 9.7 An investment will pay $21,600 at the end of the first year, $31,600 at the end of the second year, and $51,600 at the end of the third year. (FV of \$1. PV of \$1. FVA of \$1, and PVA of \$1) Note: Use the appropriate factor(s) from the tables provided. Required: Determine the present value of this investment using a 9 percent annual interest rate. Note: Round your intermediate colculations and final answer to nearest whole dollar

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