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What's the present value of $14,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? Select the correct answer. a. $9,014.99

What's the present value of $14,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually?

Select the correct answer.

a. $9,014.99

b. $9,056.99

c. $9,025.49

d. $9,046.49

e. $9,035.99

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