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= Homework: Homework 4 (Chapter 4) Question 8, P 4-18 (similar to) HW Score: 61.61%, 8.63 of 14 points Points: 0 of 1 Save What

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= Homework: Homework 4 (Chapter 4) Question 8, P 4-18 (similar to) HW Score: 61.61%, 8.63 of 14 points Points: 0 of 1 Save What is the present value of $8,000 paid at the end of each of the next 61 years if the interest rate is 7% per year? .. The present value is $ (Round to the nearest cent.)

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