Question: The correct answer is: 5608.40 What is the present value of receiving 165 per month for 13 years, starting today. The rate of interest

The correct answer is: 5608.40 What is the present value of receiving

The correct answer is: 5608.40 What is the present value of receiving 165 per month for 13 years, starting today. The rate of interest is 2.4% p.a, & interest is calculated on a monthly basis. Enter your answer as a number only. Do not include any currency symbols, Your answer must be correct to two place of decimal and must include 2 places of decimal, e.g, if your answer was 1,000. You must answer 1000,00 or 1,000.00 for your answer to be marked correct Answer: X

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