What is the present value of the following future amount? $125,344, to be received 6 years from now, discounted back to the present at 9 percent, compounded annually. Round the answer to two decimal places.
What is the present value of the following future amount? $125,344, to
be received 6 years from now, discounted back to the present at 9 percent, compounded annually.
Round the answer to two decimal places.