Question: Using provided data, solve for present value. Round answers to the nearest whole dollar. Be sure to use this rounded answer in any applicable calculations
Using provided data, solve for present value. Round answers to the nearest whole dollar. Be sure to use this rounded answer in any applicable calculations that follow. Please show work. Thank you

Facts PV: Payment: $26,200 Annual Interest Rate: 2% Deferral period 7 year(s) Payment period 5 year(s) Compounded: Annually Table Method STEP 1: PV PMT Factor 26200 STEP 2: PV = FV Factor
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