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What's the present value of $10,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? Select the correct answer. a. $6,454.68
What's the present value of $10,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually?
Select the correct answer.
a. $6,454.68
b. $6,462.38
c. $6,446.98
d. $6,439.28
e. $6,470.08
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