and investment opportunity requires a payment of $500 for 12 years, starting a year from today. If your required rate of return is 5%, what is the value of the investment to you today?

Help I Problem 6.07 a payment of $500 fer 12 years, starting a year from today. If your required rate of return is s.0 percent, what i s the value of the investment to you today? (Round factor values to 4 declmal places, o.g 1.2514 and final answer to 2 declmal places, e.g. 15.25.) Present value of inwestment Question Attempts: O of 3 used SAVE FOR LATER SURHET ANSWER this question correctly in two attempts or less