Question 9 You have a savings account, and you expect that in 6 years you'll have $8,760 saved in it. If the discount rate is 7%, what is the present value of that account? 2 pts Enter your answer in terms of dollars, without the dollar sign or commas, and rounded to the nearest cent. That is, for example, if your answer is $ 1,628.8934, then enter 1628.89

You have a savings account, and you expect that in 6 years you'll have $8,760 saved in it. If the discount rate is 7%, what is the present value of that account? Enter your answer in terms of dollars, without the dollar sign or commas, and rounded to the nearest cent. That is, for example, if your answer is $1,628.8934, then enter 1628.89