Present valueFor the case shown in the following table, calculate the present value of the cash flow, discounting at the rate given and assuming that the cash flow is received at the end of the period noted.(Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.

Single cash flow

Discount rate

End of period (years)

$21,000

7%

15

The present value is $ .(Round to the nearest cent.)