Question: Present Value Computation You will receive $ 3 , 5 0 0 in 3 years. What is the present value if you can earn 8

Present Value Computation You will receive $3,500 in 3 years. What
Present Value Computation
You will receive $3,500 in 3 years. What is the present value if you can earn 8% interest compounded annually?
Use Excel or a financial calculator for computation. Round your answer to nearest dollar.
$
is the present value if you can earn 8% interest compounded annually?

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