Question: What was the present value, when the deposit was made, of a $50,000 withdrawal today that was deposited 12 years ago in an account with

What was the present value, when the deposit was made, of

What was the present value, when the deposit was made, of a $50,000 withdrawal today that was deposited 12 years ago in an account with an annual interest rate of 3%?

what formulas are used to obtain answers?

rate nper pmt pv type FV

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