Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for five years, she will receive a bonus of $6,000.

Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for five years, she will receive a bonus of $6,000.

With an annual discount rate of 8%, calculate the value today of receiving $6,000 in five years. (FV of $1, PV of $1, FVA of $1, and PVA of $1)