An investment will pay you £58,000 in seven years. Required: If the appropriate discount rate is 10 per cent compounded daily, what is the present value? (Round your answer to 2 decimal places (e.g.,...

An investment will pay you £58,000 in seven years.

Required:

If the appropriate discount rate is 10 per cent compounded daily, what is the present value?(Round your answer to 2 decimal places (e.g., 32.16). The program includes a margin of error of +/- 1%.)