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What's the present value of $18,590 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semlannually? O $11,941.55 $14,809.44 S14,917.56 0 514,845.34

What's the present value of $18,590 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semlannually?

O $11,941.55

$14,809.44

S14,917.56

0 514,845.34

O $11,912.64

S11,970.62

S14,881.48

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