What is the PV of $5000 to be received in 8 years at an annual discount rate

Question:

What is the PV of $5000 to be received in 8 years at an annual of 6%?

Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...