Question: Present Value Computation Zazzi, Inc., believes it will need $225,000 in 7 years to expand its operations. Zazzi can eam 6% , compounded annually, if

Present Value Computation Zazzi, Inc., believes it will need $225,000 in

Present Value Computation Zazzi, Inc., believes it will need $225,000 in 7 years to expand its operations. Zazzi can eam 6% , compounded annually, if it deposits its money right now. How large of a deposit must Zazzi make in order to have the necessary $225,000 in 7 years? Use Excel or a financial calculator for computation. Round your answer to nearest dollar

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