I need to find the Present Value using the Present Value Formula. (Financial Math)

Question

I am having a hard time understanding this and finding the answer. I need to take my exam today and would very much love some help doing this step by step. The book given in the class doesn't explain enough for me or give an example close to the question I have. Thank you in advance.

Question: Find the present value, using the present value formula and a calculator. (Round your answer to the nearest cent.)

Achieve $225,500 at 8.85% compounded continuously for 8 years, 155 days.

Formula (in book): A(1 + r/n)^-nt

Answer 1

FV = PV * e^rt

(This is for compounded continuously)

FV = 225500

r = 0.0885

t = 8(155/365)

Then, find PV.