What is the present value of 2925 per year at a discount, Financial Management

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What is the present value of 2925 per year at a discount

What is the present value of $2,925 per year, at a discount rate of 8 percent, if the first payment is received 10 years from now and the last payment is received 23 years from now? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Value today $

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Financial Management: What is the present value of 2925 per year at a discount

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