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HELP DUE IN 10 mins You have an opportunity to make an investment that promises to pay $12,000 in 5 years. If investments of sirnilar

HELP DUE IN 10 mins image text in transcribed
You have an opportunity to make an investment that promises to pay $12,000 in 5 years. If investments of sirnilar risk yield 6.0%, what should you be willing to pay for this investment today? You should be willing to pay $ (Round the final answer to two decimal places. Enter the answer without symbols (ie, if the answer is $1.35 enter 1.35 in the answer box)

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