FIN-320-X6082 Principles of Finance 22EW6 Homework: 3-1 MyFinanceLab Assignment Question 6, P5-15 (similar to) (Related to Checkpoint 5.4) (Present value) What is the present value of $500 to be received 8 years from now discounted back to the present at 12 percent? Help me solve this The present value of $500 to be received 8 years from now discounted back to the present at 12 percent is $216.96. (Round to the nearest cent.) View an example Get more help. C Ross Devaney HW Score: 26%, 13 of 50 points O Points: 0 of 4 Clear all 07/09/22 5:39 PM Save Check