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What's the present value of $19,000 discounted back 5 years if the appropriate interest rate is 9%, compounded semiannually? Select the correct answer. a. $12,243.83

What's the present value of $19,000 discounted back 5 years if the appropriate interest rate is 9%, compounded semiannually?

Select the correct answer.

a. $12,243.83
b. $12,239.23
c. $12,234.63
d. $12,225.43
e. $12,230.03

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