#39

In an account with an interest rate of 6.4% p.a., but with daily compounding lassume 365 days per year), what is the present value of the following cash flow stream? Year 0 1 2 3 4 Cash Flow $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 $2,100 5 6 7 8 9 allar amount rounded to 2 decimal places, but do not nyample, record