Question: Without referring to the preprogrammed function on your financial calculator, use the basic formula for present value, along with the given discount rate, r, and

Without referring to the preprogrammed function on your financial calculator, use the basic formula for present value, along with the given discount rate, r, and the number of periods, n, to calculate the present value of $1 in the case shown in the following table

r=17%, n=6

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