Answer: PV= $ 2292.10
Explanation:
A= P(1+r/100)^n*r
where FV is the Future vale, PV is the present value, e is the mathematical constant e (approximately 2.71828), r is the annual interest rate as a decimal, and t is the time in years
5000 = PVe^(0.065*12)
PV = 5000/e^0.78
PV = 2292.10