Question: Please solve (b) Click here to view factor tables What is the present value of $7,020 due 8 periods hence, discounted at 6%? (Round factor

Please solve

(b) Click here to view factor tables What is the present value of $7,020 due 8 periods hence, discounted at 6%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) The present value $

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