4 9 of 12 (6 complete) w HW Score: 33.8%, 16.9 of 50 Question Help Related to Checkpoint 5.4) (Present value) Ronen Consulting has just realized an accounting enor that has resulted in an unfunded liability of $390,000 due in 29 years. In other words, they will need $390,000 in 29 years. fe Flanders, the company's CEO, is scrambling to discount the liability to the present to assist in valuing the firm's stock. If the appropriate discount rate is 7 percent, what is the present value of the ability? If the appropriate discount rate is 7 percent, the present value of the $390,000 Sability due in 29 years is $ (Round to the nearest cent) ore: 0 of 4 pts 5-19 (similar to) Enter your answer in the answer box and then click Check Answer All parts showing Cear M Check Arr Type here to search 0 (30 995 TOD C 3 Th " & OD E 1 B 4 5 O 7 B 9 0 C S 0 S a 42 00 93 10 W 2 W 93 E LL T L