Question: O$9,773.46 O$12,794.82 11. [-/2 Points] Solve the following problem using either Table 11-1 or Table 11-2 from your text. When necessary, create new table factors.

O$9,773.46 O$12,794.82 11. [-/2 Points] Solve the following problem using either Table 11-1 or Table 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round hundredth of a percent) DETAILS You wish to have $16,750 in 7 years. How much should you invest now at 8% interest, compounded annually in order to have $16,750, 7 years from now? O $2,215.61 O $9,585.52 Need Help? Submit Answer BRECMBC9 11.11.TB.004. Read It MY NOTES

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