PV = FVn/(1+r)", where PVis present value, FV is future value, and ris the annual interest rate. In this case, we need $40,000/1.046 = $40,000/1.2653 = $31,613. Ch.4Q.3 Homework - Unanswered o Fill in the Blanks Type your answers in all of the blanks and submit The present value of $75,000 to be received in 12 years is Type your answer here if your opportunity cost ls 3,75% Unanswered. 3 attempts left Submit