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Present Value of an Annuity Table Interest Rate per Period Period 1% 3% 5% 6% 8% 1 99010 98.522 .98039 97561 97057 96154 95238 94340 92593 2 1.97040 1.95588 1.94156 1.92742 1.91347 1.88609 185941 1.83339 1.78326 3 2.94099 2.91220 2.88388 285602 2.82861 2.77509 2.72325 2.67301 257710 4 3.90197 3.85438 3.80773 3.76197 3.71710 3.62990 3.54595 3.46511 3.31213 $ 4.85343 4.78264 4.71346 4.64583 4.57971 4.45182 4.32948 4.21236 3.99271 6 5.795.48 5.69719 5,60143 3.50813 5.41719 5.24214 5.07569 4.91732 4.62288 7 6.72819 6.59821 6.47199 6.34939 6.23028 6.00205 5.78637 5.58238 5.20637 8 7.65168 7.48593 7.32548 7.17014 7.01969 6.73274 646321 6.20979 5.74664 9 8.56602 8.36052 8.16224 7.97057 7.78611 7.43533 7.10782 6.80169 6.24689 10 9.47130 9.22218 8.98250 8.75206 8.53020 8.11090 7.72173 7.36009 6.71008 11 10.36763 10.07112 9.78685 9.51421 9.25262 8.76048 8.30641 7.88687 7.13896 12 11.25508 10.90751 10.57534 10.25776 9.95400 9.38507 8.86325 8.38384 7.53608 13 12.13374 11.73153 11.34837 10.98318 10.63496 9.98565 9.39357 8.85268 7.90378 14 13.00370 12.34338 12.10625 11.69091 11.29607 10.56312 9.89864 9.29.498 8.24424 15 13.86505 13.34323 12.84926 12.38138 11.93794 11.11839 10.37966 9.71225 8.55948 16 14.71787 14.13126 13.57771 13.05500 12.56110 11.65230 10.83777 10.10590 8.88137 17 1556223 14.90765 14.29187 13.71220 13.16612 12.16567 11.27407 10.47726 9.12164 18 16.39827 15.67256 14.99203 14.35336 13.75351 12.65930 11.68959 10.82760 9.37189 19 17.22601 1642617 15.67846 1497889 14.32380 13.13394 12.08532 11.15812 9.60360 20 18.04555 17.16864 16.35143 1558916 14.87747 13.59033 12.46221 11.46992 9.81815 21 18.85628 17.90014 17.01121 16.18455 15.41502 14.02916 12.82115 11.76-408 10.01680 22 19.66038 18.62082 17.65805 16.76541 15.93092 14.45112 13.16.200 12.04158 10.20074 23 20.45582 19.33086 18.29220 17.33211 16.44361 14.83684 13.48857 12.30338 10.37106 24 21.24339 20.03041 18.91393 1788499 16.93554 15.24696 13.79864 12.55036 10.52876 25 22.02316 20.71961 19.52346 1842438 17.41315 15.62208 14.09394 1278336 10.67478 Find the least amount that could be deposited in a bank account today at 5% compounded semiannually to allow $1875 withdrawals at the end of each 6 months for 11 years