After purchasing the apartment, the landlord receives a street, sewer, and gutter assessment for $ 12,100 due in 2 years.

5. After purchasing the​ apartment, the landlord receives a​ street, sewer, and gutter assessment for

​$12,100

due in 2 years. How much would the landlord have to invest today in a CD paying​ 2%, compounded​ semiannually, to fully pay the assessment in 2​ years?

​$

​(Round to the nearest cent as​ needed.)