Question: I need answer as soon as possible with no explanation What is the present value of $5000 to be received in 5 years, if the

I need answer as soon as possible with no explanation

What is the present value of $5000 to be received in 5 years, if the interest rate is 5% p.a., compounding fortnightly?

Select one:

a.$3794

b.$3750

c.$3918

d.$3895

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