# Question: find the present value pv of the given investment round...

###### Question details

Find the present value *PV* of the given investment.
(Round your answer to the nearest cent.)

An investment earns 5% per year and is worth $1,000 after 9 months.

Find the present value *PV* of the given investment.
(Round your answer to the nearest cent.)

An investment earns 5% per year and is worth $1,000 after 9 months.