MUST SHOW WORK

What is the present value of $931 per year for 7 years if the required return is 12 percent. (Round present value factor calculations to 4 decimal places, e.g. 1.2151 and final answer to 2 decimal places, e.g. 1.25. Enter negative amounts using either a negative sign preceding the number e.g. -45.12 or parentheses e.g. (45.12).) Click here to view factor tables Present value