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What's the present value of $4,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? $3,602.30 $4,178.66 $4,070.59 $4,358.78 $3,566.27

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What's the present value of $4,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually? $3,602.30 $4,178.66 $4,070.59 $4,358.78 $3,566.27

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