HelpSave & ExitSubmit$401$:$15$:$41$eBookA friend wants to borrow money from you. He states that he will pay you $$3,600$ every $6$ months for $11$ years with the first payment exactly $4$ years and $6$ months from today. The interest rate is an APR of $5\mathrm{.}9$ percent with semiannual compounding. What is the value of the payments today?Multiple Choice$$45,695\mathrm{.}550$$$45,845\mathrm{.}94$$$35,193\mathrm{.}69$$$44,386,16100\%$