Question: This set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables to calculate these problems. Question

This set of problems is designed to be calculated using the Excel or financial calculator. Do not use financial tables to calculate these problems. Question 1 (1 point) What is the present value of the following future amount? $164,241 to be received 6 years from now, discounted back to the present at 8 percent, compounded annually. Round the answer to two decimal places

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