Question: Find the amount that should be set aside today to yield the desired future amount. Future amount needed $7,000 Interest rate 4% Compounding period semiannually

Find the amount that should be set aside today to yield the desired future amount. Future amount needed $7,000 Interest rate 4% Compounding period semiannually Investment time 2yrs. present value of $1.00 table. Part 1 The present value is $ (Round to the nearest cent as needed

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