The present value of the asset worth $2,000 four years from now is $1,584.19.
The formula for the present value is F*(1 + r)^-n
Given information
Future value = 2000
r = 6%
n = 4%
Present value = $2000*(1+6%)^-4
Present value = $2000*0.792094
Present value = $1584.187
Present value = $1,584.19
Hence, the present value of the asset worth $2,000 four years from now is $1,584.19.
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