Solution:
Given, "FV=8000,i=13\\%=0.13,n=5"
"i+1=(\\dfrac{FV}{PV})^{1\/n}"
Putting given values:
"0.13+1=(\\dfrac{8000}{PV})^{1\/5}\n\\\\\\Rightarrow 1.13^5=\\dfrac{8000}{PV}\n\\\\\\Rightarrow PV=4342.79"
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