Find the present value PV of the given investment (in dollars). (Round your answer to the nearest cent.) An investment earns 6% per year and is worth $70,000 after 5 years. PV = $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
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Chapter7: Exponents And Exponential Functions
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Find the present value PV of the given investment (in dollars). (Round your answer to the nearest cent.)
An investment earns 6% per year and is worth $70,000 after 5 years.
PV = $
Transcribed Image Text:Find the present value PV of the given investment (in dollars). (Round your answer to the nearest cent.) An investment earns 6% per year and is worth $70,000 after 5 years. PV = $
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