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5. [-/2 Points] DETAILS WANEFMAC7 3.2.014. MY NOTES PRACTICE ANOTHER Calculate the present value PV (in dollars) of an investment that will be worth $1,000

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5. [-/2 Points] DETAILS WANEFMAC7 3.2.014. MY NOTES PRACTICE ANOTHER Calculate the present value PV (in dollars) of an investment that will be worth $1,000 at the stated interest rate after the stated amount of time. (Round your answer to the nearest cent.) 12 years, at 4.2% per year, compounded quarterly PV = $ Need Help? Read It Watch It

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