12-18. Jazelle Momba wants to visit her family in Zimbabwe in 2025, which is 6 years from now. She knows that it will cost approximately $8,000 including flight costs, on-the-ground costs, and extra spending money to stay for 4 months. If she opens an account that compounds interest at 4% semiannually, how much does she need to deposit today to cover the total cost of her visit? LU 12- 1(2) TABLE 12.3 Present value of $1 ot end of period Period 1% 2% 39 4% 5% 6% 7% 8% 9 10% 1 9852 9709 9524 9434 9259 2 9174 8417 9707 9563 8900 3 9070 8638 .9615 9246 8890 8548 8573 7938 9804 9612 9423 9238 9057 8980 8396 9091 8264 7513 6830 9346 8734 8163 7629 .7130 9426 9151 8885 8626 4 9422 8227 7921 7722 7084 6499 5963 7350 5900 5 7835 7473 6 8219 7903 8375 7050 6663 9283 9145 9010 8877 6209 5545 5132 6302 5835 7 8706 8131 7462 7107 6768 6651 7599 7307 8 7994 .8535 8369 5403 .6227 5820 5439 6274 5919 5470 5019 4604 4224 4665 4241 9 7664 7026 5446 15002 8746 8617 10 8203 5083 6756 6496 5584 5268 8489 8043 4751 11 12 8364 7885 4970 4440 9901 9803 9706 9610 9515 9420 9327 9235 9143 9053 8963 8874 8787 8700 8613 8528 8444 8360 8277 8195 8114 8034 7954 7876 13 5246 6006 5773 6139 5847 5568 5303 5051 4810 4581 4150 14 3878 7730 7579 7430 7284 7142 7002 4688 4423 4173 3930 3624 8240 8119 7999 7800 7764 7649 7536 7425 7315 7207 16 17441 7224 7014 6810 6611 6419 6232 6050 5874 5703 5537 5375 5219 5067 4919 3855 3905 3186 2897 2633 2394 2176 1978 1799 1635 4289 3971 3677 3405 3152 2919 2703 2502 2017 2145 1987 1839 17 3875 3555 3262 2992 2745 2519 2311 2120 1945 1784 1637 1502 5134 4936 3387 3166 2959 2765 2584 2415 18 6864 4746 4155 3957 3769 3589 19 4564 1486 20 6730 6598 21 1351 1228 3418 3503 3305 3118 2942 2775 2618 2470 2330 2198 22 4220 4057 3901 1378 1117 6468 6342 6217 6095 23 7100 3256 3101 2257 2109 1971 1842 1722 24 1703 1577 1460 1352 4776 3751 2953 7798 7720 25 26 27 3607 4637 2812 2678 1264 1160 1064 0976 0895 3468 2074 1600 .1252 6995 6892 6790 6690 6591 6494 6398 1015 0923 0839 0763 0693 0630 0573 5859 7644 7568 4502 4371 3335 2551 1956 1504 5744 28 1846 1159 1073 0994 3207 0822 29 7493 5631 5521 1406 1314 0937 1741 0754 2429 2314 1813 4120 30 7419 3083 2534 2083 3554 5000 0676 0460 1301 0972 0490 0318 0356 0221 7059 35 5939 5513 0668 4529 3066 6717