What is the present value of $5,000 paid at the end of each of the next 89 years if the interest rate is 6% per​ year? What is the present value of $5,000 paid at the end of each of the next 89 years...


What is the present value of


$5,000

paid at the end of each of the next


89

years if the interest rate is


6%

per​ year?


What is the present value of $5,000 paid at the end of each of the next 89 years if the interest rate is 6% per year?<br>The present value is $<br>(Round to the nearest cent.)<br>

Extracted text: What is the present value of $5,000 paid at the end of each of the next 89 years if the interest rate is 6% per year? The present value is $ (Round to the nearest cent.)

Jun 06, 2022
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