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What's the present value of $10,500 discounted back 5 years if the appropriate interest rate is 9%, compounded semiannually? Select the correct answer. a. $6,767.84

What's the present value of $10,500 discounted back 5 years if the appropriate interest rate is 9%, compounded semiannually?

Select the correct answer.

a. $6,767.84

b. $6,754.64

c. $6,757.94

d. $6,761.24

e. $6,764.54

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