Present value,

How do I calculate the present value of:
7,000.00 in 5 years at a quarterly discount rate of 6%?
I have read over the material, but I don't get it.
Thank you

Similar Questions

Tom wants to calculate the present value of $15,000 he will receive in five years, given an 8% discount rate. What is the
1. 1 answer
If thrice of "A's" age 6 years ago be subtracted from twice his present age the result would be equal to his present age. Find
1. 6 answers
Which verb shift occurs in the sentence?The cat went outside and chases a butterfly into the neighbor's yard. (1 point)
1. 1 answer
Which verb shift occurs in the sentence?The cat went outside and chases a butterfly into the neighbor's yard. (1 point)
1. 1 answer