Question: 5.1.35 Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $9000

5.1.35 Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $9000 at 5% compounded semiannually for 8 years The present value is $ (Do not found until the final answer. Then round to the nearest cent as needed.)

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