Find the amount that should be set aside today to yield the desired future amount. Use the table.

$\backslash$table$[[$Future amount,Interest,Compounding,Investment$],[$needed$,$rate,period,time$],[$$$2,000,2\%,$semiannually,$3$ years$]]$

Click here to view page $1$ of the table Click here to view page $2$ of the table.

The amount that should be set aside today is $ $($Round to the nearest cent as needed.$)$

Definition

$\backslash$table$[[$Periods$,1\%,1\mathrm{.}5\%,2\%,2\mathrm{.}5\%,3\%$