n = 4 yrs * 12 months = 48
PV = FV / (1 + r)^n
= 27,000 / 1.003^48
= 27,000 / 1.15464
= $23,384.00952, round to $23,384.01
Well 23,384 puts you at 26,999.99 hope it helps.
Show HOW you got your answer so that we can HELP you. (This should enable to find your own error.)
EDIT: use a Present Value function, and make sure you enter the numbers correctly.
