Question: Present value calculation???Without referring to the preprogrammed function on your financial calculator?, use the basic formula for present? value, along with the given opportunity? cost,
Present value calculation???Without referring to the preprogrammed function on your financial calculator?, use the basic formula for present? value, along with the given opportunity? cost, 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= 12% Number of? periods= 15. The present value of? $1 is? ?(Round to three decimal? places.)
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