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What's the present value of $18,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? a. $23,110.26 b. $16,552.18 c. $14,809.44
What's the present value of $18,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? a. $23,110.26 b. $16,552.18 c. $14,809.44 d. $11,912.66 e. $14,845.34
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