Phil Goode will receive $118,000 in 20 years. Sounds great! However if current interest rates suggested for discounting are 17 percent, what is the present worth of his future "pot of gold"? (Use a Financial calculator to arrive at the answer. Round the final answer to the nearest whole dollar.) $ Present value

Phil Goode will receive $118,000 in 20 years. Sounds greatt However if current interest rates suggested for discounting are 17 percent, what is the present worth of his future "pot of gold"? (Use a Financial calculator to arrive at the answer. Round the final answer to the nearest whole dollar.) Present value