What is the present value of $8,000 to be received at the end of six years if the required rate of return is 15%?Below is a table for the present value of $1 at compound interest. Below is a table for the present value of an annuity of $1 at compound interest.

Question

What is the present value of $8,000 to be received at the end of six years if the required rate of return is 15%?Below is a table for the present value of $1 at compound interest.​  Below is a table for the present value of an annuity of $1 at compound interest.

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The Answer of What is the present value of $8,000 to be received at the end of six years if the required rate of return is 15%?Below is a table for the present value of $1 at compound interest.​  Below is a table for the present value of an annuity of $1 at compound interest.

What Is the Present Value of $8,000 to Be Received