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What's the present value of $19,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? Select the correct answer. a. $12,234.63

What's the present value of $19,000 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? Select the correct answer. a. $12,234.63 b. $12,190.63 c. $12,223.63 d. $12,212.63 e. $12,201.63

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