Question: Present value ???For the case shown in the following? table, calculate the present value of the cash? flow, discounting at the rate given and assuming
Present value???For the case shown in the following? table, calculate the present value of the cash? flow, discounting at the rate given and assuming that the cash flow is received at the end of the period noted.???(Click on the icon located on the? top-right corner of the data table below in order to copy its contents into a? spreadsheet.)
| Single cash flow | Discount rate | End of period? (years) |
|
| ?$97,000 | 16?% | 18 |
The present value is $?
???(Round to the nearest? cent.)
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