Question 1088728
Find the principal needed now to get the given​ amount; that​ is, find the present value.
To get $3000 after 33/4 years at 5​% compounded daily.

The present value of $ 3000 is?$______
 
​(Round to the nearest cent as​ needed.)
<pre>PV of a FV amount of $3,000, for {{{matrix(1,2, 33/4, years)}}} at 5% interest, compounded daily (360/365 days): {{{highlight_green("$1,986.04")}}}