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Amount desired at the end of period $8,200 Length of time - 8 years Rate 3% Compounded semi annually Period used? Rate used %? PV

image text in transcribedAmount desired at the end of period $8,200

Length of time - 8 years

Rate 3%

Compounded semi annually

Period used?

Rate used %?

PV Factor used? PV of amount desired at the end of the period? $_________ (DO NOT ROUND INTERMEDIATE CALCULATIONS,ROUND RATE USED TO THE NEAREST 10TH %

ROUND THE PV FACTOR TO 4 DECIMAL PLACES AND FINAL ANSWER TO THE NEAREST CENT.)

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