An investment will pay you 90000 in three years assume the, Financial Management

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An investment will pay you 90000 in three years assume the

An investment will pay you $90,000 in three years. Assume the appropriate discount rate is 6.00 percent compounded daily.

Required:

What is the present value? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Use 365 days in a year. Round your answer to 2 decimal places (e.g., 32.16).)

Present value $

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Financial Management: An investment will pay you 90000 in three years assume the

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Financial Management: An investment will pay you 90000 in three years assume the

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