What is the present value (PV) of $359,000 that is to be received at the end of 23 years if the disc
What is the present value (PV) of $359,000 that is to be received at the end of 23 years if the discount rate is 11 percent? Could you explain this do me, I don’t seem to figure out the formula to input this into excel. I just need to understand it please