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Anancial problem homework chapters 1-4 Question 13 (of 20) 13. 250 points 2.50 points Problem 1-7 (LO1.3) If you desire to have $13,000 for a

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Anancial problem homework chapters 1-4 Question 13 (of 20) 13. 250 points 2.50 points Problem 1-7 (LO1.3) If you desire to have $13,000 for a down payment for a house in eight years, what amount would you need to deposit today? Assume that your money will earn 4 percent. Use Exhibit 1-C. (Round your PV factor to 3 decimal places and final answer to the nearest whole dollar.) Deposit

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