Question: What is the Present Value PV if: Future Value = $25598 Interest rate = 0.04 Number of periods = 14 Do not round intermediary calculations.

What is the Present Value PV if:

Future Value = $25598

Interest rate = 0.04

Number of periods = 14

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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