I cannot figure out the present value without Excel. Can I have help?

Devon Hairston & 1 | 03/21/21 7:13 PM ACG2021 Online RVC/RVD - Spring 2021 Elias Save Homework: Chapter 8/Appendix F Graded Homework Score: 0 of 3 pts 7 of 7 (6 complete) HW Score: 80%, 12 of 15 pts Question Help EF-4B (similar to) Canter Corp. purchased five $1,000 8% bonds of Power Source Corporation when the market rate of interest was 14%. Interest is paid semiannually, and the bonds will mature in nine years. Using the PV function in Excel.compute the price Canter paid (the present value) for the bond investment. (Assume that all payments of interest and principal occur at the end of the period. Round your answer to the nearest cent.) Canter paid 2539.16 on the bond investment