Find the present value for the amount given in the table.

$\backslash$table$[[$Amount$,$Nominal Rate,Frequency of Conversion,Time$],[$$$4856\mathrm{.}58,7\mathrm{.}4\%,$semi$-$annually,$5$ years$]]$

The present value is $

$($Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.$)$