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Question 9 (2 points) What's the present value of $2,000 discounted back 3 years if the appropriate interest rate is 8%, compounded semiannually? a) $1,976.84

Question 9 (2 points) What's the present value of $2,000 discounted back 3 years if the appropriate interest rate is 8%, compounded semiannually? a) $1,976.84 1 Ob) $1,580.63 c) $1,413.68 d) $1,349.15

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