Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Find the principal needed now to get the given amount, that is, find the present value. To get $4000 after 3 1/2 years at 6% compounded daily

The present value of $4000 is $______