Present value calculation without referring to the preprogrammed function on your financial calculator,

use the basic formula for present value, along with the given discount rate, r$,$ and the number of periods, n$,$

to calculate the present value of $$1$ in the case shown in the following table.

Opportunity cost, r

Number of periods, n

$6\%$

$9$

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Part $1$

The present value of $$1$ is $ $\_\_\_\_\_$enter your response here. $($Round to three decimal places.$)$