Question: What is the Present Value PV if: Future Value = $63077 Interest rate = 7% Number of periods = 20 Do not round intermediary calculations.

What is the Present Value PV if:

Future Value = $63077

Interest rate = 7%

Number of periods = 20

Do not round intermediary calculations. Use full precision of your calculator or excel. Round final answer to 2 decimal places. Please put your answer in the format xxxxxx.xx (no $,no commas, 2 decimal places).

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