Question: The present value of $ 2 , 3 0 0 to be received in 1 6 years where the discount rate is 2 4 percent,

The present value of $2,300 to be received in 16 years where the discount rate is 24 percent, compounded monthly, is ? Calculate to two decimal points using the following PV Formula: PV = FV x 1/(1+r) or =PV(Rate,Nper,PMT,FV,Type)
The present value of $ 2 , 3 0 0 to be received

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