Question: Question 2 (7 points) Saved What is the present value of a security that will pay $31,000 in 18 years if securities of equal risk

Question 2 (7 points) Saved What is the present value of

Question 2 (7 points) Saved What is the present value of a security that will pay $31,000 in 18 years if securities of equal risk pay 5% annually? Answer with 2 decimals (ex. $1,000.00)

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