If you owe $47,000 payable at the end of five years, what amount should your creditor accept in payment immediately ifse cou earn 8 percent on her money? Use Appendix B for an approximate answer, but...

Extracted text: If you owe $47,000 payable at the end of five years, what amount should your creditor accept in payment immediately ifse cou earn 8 percent on her money? Use Appendix B for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Présent value eBook Hint ant Reterenc < prev="" 11="" of="" 20="" next=""> PV=F 47,0