Question: Please explain how i would calculate this on a financial calculator Q20: What is the present value of $1,400 a year at a discount rate

Please explain how i would calculate this on a financial calculator

Q20: What is the present value of $1,400 a year at a discount rate of 8 percent if the first payment is received 7 years from now and you receive a total of 23 annual payments? $9,149.74 $9,238.87 $9,333.33 $9,420.12 $9,881.72

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