Your rich aunt has promised to give your $2900 in 2 years. How much should you be willing to receive today (in lieu of the $2900 in 2 years) if you can earn 6% per annum, compounded semi-annually? (Round to nearest penny, e.g. 1234.56) Answer: X

Your rich aunt has promised to give your $2900 in 2 years. How much should you be willing to receive today (in lieu of the $2900 in 2 years) if you can earn 6% per annum, compounded semi-annually? (Round to nearest penny, e.g. 1234.56) Your rich aunt has promised to give your $2900 in 2 years. How much should you be willing to receive today (in lieu of the $2900 in 2 years) if you can earn 6% per annum, compounded semi-annually? (Round to nearest penny, e.g. 1234.56)