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

Name: What's the present value of $4,500 discounted back 5 years if the appropriate interest rate is 4.5%,compounded semiannually? A) $3,602.30 B) $4,178.66 C) $4,070.59 D) $4,358.78 E) $3,566.27
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What's the Present Value of $4,500 Discounted Back 5 Years