Question: help with this? thanks! Find the amount that should be set aside today to yield the desired future amount. Use the table. Future amount needed




Find the amount that should be set aside today to yield the desired future amount. Use the table. Future amount needed $3,000 Interest Compounding Investment rate period time 4% semiannually 2 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.) Periods 1 2 3 4 5 6 7 8 9 10 11 12 1% 1.5% 2% 2.5% 3% 0.99010 0.98522 0.98039 0.97561 0.97087 0.98030 0.97066 0.96117 0.95181 0.94260 0.97059 0.95632 0.94232 0.92860 0.91514 0.96098 0.94218 0.92385 0.90595 0.88849 0.95147 0.92826 0.90573 0.88385 0.86261 0.94205 0.91454 0.88797 0.86230 0.83748 0.93272 0.90103 0.87056 0.84127 0.81309 0.92348 0.88771 0.85349 0.82075 0.78941 0.91434 0.87459 0.83676 0.80073 0.76642 0.90529 0.86167 0.82035 0.78120 0.74409 0.89632 0.84893 0.80426 0.76214 0.72242 0.88745 0.83639 0.78849 0.74356 0.70138 0.87866 0.82403 0.77303 0.72542 0.68095 0.86996 0.81185 0.75788 0.70773 0.66112 0.86135 0.79985 0.74301 0.69047 0.64186 0.85282 0.78803 0.72845 0.67362 0.62317 0.84438 0.77639 0.71416 0.65720 0.60502 13 14 15 16 17 AAAAA AAAA AAAAA AAAA 17 18 19 20 0.84438 0.77639 0.71416 0.65720 0.60502 0.83602 0.76491 0.70016 0.64117 0.58739 0.82774 0.75361 0.68643 0.62553 0.57029 0.81954 0.74247 0.67297 0.61027 0.55368 Present value of $1.00 (page 2) tall Periods 1 sid 2 3 4 5 6 7 8 9 10 11 12 13 14 Rate per period 4% 5% 6% 8% 10% 0.96154 0.95238 0.94340 0.92593 0.90909 0.92456 0.90703 0.89000 0.85734 0.82645 0.88900 0.86384 0.83962 0.79383 0.75131 0.85480 0.82270 0.79209 0.72503 0.68301 0.82193 0.78353 0.74726 0.63058 0.62092 0.79031 0.74622 0.70496 0.63017 0.56447 0.75992 0.71068 0.66506 0.58349 0.51316 0.73069 0.67684 0.62741 0.54027 0.46651 0.70259 0.64461 0.59190 0.50025 0.42410 0.67556 0.61391 0.55839 0.46319 0.38554 0.64958 0.58468 0.52679 0.42888 0.35049 0.62460 0.55684 0.49697 0.39711 0.31863 0.60057 0.53032 0.46884 0.36770 0.28966 0.57748 0.50507 0.44230 0.34046 0.26333 140.57748 0.50507 0.44230 0.34046 0.26333 15 0.55526 0.48102 0.41727 0.31524 0.23939 16 0.53391 0.45811 0.39365 0.29189 0.21763 17 0.51337 0.43630 0.37136 0.27027 0.19784 18 0.49363 0.41552 0.35034 0.25025 0.17986 19 0.47464 0.39573 0.33051 0.231710.16351 20 0.45639 0.37689 0.31180 0.21455 0.14864
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