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You will receive payments of 3457 at the end of every year (regular annuity) for 3 years. What is the present value (PV) of
You will receive payments of 3457 at the end of every year (regular annuity) for 3 years. What is the present value (PV) of these payments if the appropriate discount rate is 3.9%? Remember that if you enter the PMT as a positive, your calculator will show a negative value for PV. Do not enter your PV as a negative. Enter the PV value to 2 decimals with no dollar sign and no comma. For example, if the PV is six thousand four hundred and seventy fifty dollars and twelve cents, you would enter 6475.12
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