Question: What is the present value? Question 8 [5 points] hould be rounded to the nearest cent. begin{tabular}{|ccccc|} hline begin{tabular}{c} Present value end{tabular} & begin{tabular}{c}

What is the present value? Question 8 [5 points] hould be rounded What is the present value?

Question 8 [5 points] hould be rounded to the nearest cent. \begin{tabular}{|ccccc|} \hline \begin{tabular}{c} Present \\ value \end{tabular} & \begin{tabular}{c} Term \\ (months) \end{tabular} & \begin{tabular}{c} Nominal \\ rate \end{tabular} & \begin{tabular}{c} Compounding \\ frequency \end{tabular} & \begin{tabular}{c} Future \\ value \end{tabular} \\ \hline 0.00 & 84.00 & 8.50% & Annually & $8.500.00 \\ \hline \end{tabular} SUBMTT AND MARK SAVE AND CLOSE

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