What is the value today of receiving $$4,500$ at the end of each year for the next two years, assuming an interest rate of $12\%$ compounded annually?

Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. $($FV of $$1,$ PV of $$1,FV{A}_{?}$ of $$1,$ and PVA of $$1).$

Multiple Choice

$$9,540$

$$7,405$

$$9,000$

$$7,605$