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Bill wants to give Maria a $590,000 gift in three years. If money is worth 4% compounded semiannually, what is Maria's gift worth today? Note:

Bill wants to give Maria a $590,000 gift in three years. If money is worth 4% compounded semiannually, what is Maria's gift worth today? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (FV of $1, PV of $1, FVA of $1, and PVA of $1 ). Multiple Choice $466,286 $524,508 $70,800 $523,902

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