Question: Please round everything to 6 decimal places and the final answer to two decimal places. What is the discounted value of payments of $47.00 made

Please round everything to 6 decimal places and the final answer

Please round everything to 6 decimal places and the final answer to two decimal places.

What is the discounted value of payments of $47.00 made at the end of each month for 4.25 years if interest is 11% compounded monthly? The discounted value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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Please I want explain for this topic in details Q)explain the discounted cash flow