What is the present value-compounded semi-annually

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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 semi-annually?

Reference no: EM13834938

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What is the present value-compounded semi-annually : What’s the present value of $4,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semi-annually?
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