What is the value today of receiving $5,000 at the end of six years, assuming an interest rate of 8% compounded semiannually? (Use appropriate factor(s) from Table 1, FV of $1; Table 2, PV of $1; Table 3, FVA of $1; and Table 4, PVA of $1 contained within a separate file.)
A. $3,428.
B. $3,151.
C. $3,203.
D. $3,123.
Answer: D
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