Question: Solve and provide the correct solution Present value = $7,500 / (1 + 0.007)^36 = $5,361.32 HOW!? I've tried every calculator I can find, I've

Solve and provide the correct solution

Present value = $7,500 / (1 + 0.007)^36 = $5,361.32

HOW!? I've tried every calculator I can find, I've changed brackets, done things separately, it never ever amounts to this!? What am I doing wrong? It is screwing up ALL my answers that have to be done this way. 

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Given Future Value FV 7500 Interest Rate r 0007 Number of periods n 36 The formula for calculating ... View full answer

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