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Newman S mith will receive $91,2005 years from now, from a trust fund established by his father. Assuming the appropriate interest rate for discounting is

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Newman S mith will receive $91,2005 years from now, from a trust fund established by his father. Assuming the appropriate interest rate for discounting is 12% (compounded semiannually), what is the present value of this amount today? (Round foctor values to 5 decimal places, e.g. 1.25124. Round answer to byive nearest whole dollar, e.g. 5.275.) Click here to view factor tables. Present value

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