A client needs to save $6500 dollars in 2 years. If they invest at $LaTeX: \displaystyle 4.6$ % compounded monthly, how much do they need to invest today?

Using the forumla for present value $LaTeX: \displaystyle PV = \frac{6500}{ (1 + (0.046/12))^{24} } = 5929.73$ dollars.