Question: Please help need answer soon, I got it wrong Problem 6.07 Your answer is incorrect. Try again. An investment opportunity requires a payment of $640

Please help need answer soon, I got it wrong

Problem 6.07 Your answer is incorrect. Try again. An investment opportunity requires a payment of $640 for 12 years, starting a year from today. If your required rate of return is 7.5 percent, what is the value of the Investment to you today? (Round factor values to 4 decimal places, .g. 1.2514 and final answer to 2 decimal places, .g. 15.25.) Present value of investment 852.30

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