Question: nment i Saved Help S 4 Problem 1-8 Calculating the Time Value of Money for Savings Goals [LO1-4] If you desire to have $10,000 for

nment i Saved Help S 4 Problem 1-8 Calculating the Time Value of Money for Savings Goals [LO1-4] If you desire to have $10,000 for a down payment for a house in seven years, what amount would you need to deposit today? Assum that your money will earn 6 percent. Use Exhibit 1-C (Round time value factor to 3 decimal places and final answer to the nearest whole number.) Amount to be deposited

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