Question: Question content area Part 1 Present value is the value in today's dollars of funds to be paid or received in the future. If the

Question content area
Part 1
Present value is the value in today's dollars of funds to be paid or received in the future.
If the current interest rate is 6%, then the present value of $1,000 to be received in 19 years is $
enter your response here. (Enter your response rounded to two decimal places.)

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