Question: Question 8 11 point) If Sally expects to get $ 25,000.00 when she reaches age 21 and she turns 19 today, how much is that

Question 8 11 point) If Sally expects to get $ 25,000.00

Question 8 11 point) If Sally expects to get $ 25,000.00 when she reaches age 21 and she turns 19 today, how much is that worth to her today if she discounts its value by 5 % compounded semi-annually? 1) $21.498 21 $22.102 3) $22.649 4) $22.748 5) $22.814

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