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Bill wants to give Maria a $580,000 gift in 3 years. If money is worth 6% compounded semiannually, what is Maria's gift worth today? Multiple

Bill wants to give Maria a $580,000 gift in 3 years. If money is worth 6% compounded semiannually, what is Maria's gift worth today?

Multiple Choice

  • $577,250.

  • $484,343.

  • $485,738.

  • $487,263.

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