What is the present value of $$12,300$ to be received $2$ years from today if the discount rate is $6$ percent? $($Assume annual compounding.$)$

Multiple Choice

$$11,603\mathrm{.}77$

$$10,946\mathrm{.}96$

$$10,545\mathrm{.}27$

$$7,380\mathrm{.}00$

$$9,720\mathrm{.}87$