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PV of a lump sum, semiannually Whats the present value of $2,000 discounted back 3 years if the appropriate interest rate is 8%, compounded semiannually?

PV of a lump sum, semiannually Whats the present value of $2,000 discounted back 3 years if the appropriate interest rate is 8%, compounded semiannually? Group of answer choices $1,580.63 $1,413.68 $1,110.34 $1,349.15 $1,976.84

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