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B '20 Homework: 3.2 Compound and continuous in Score: 0 of 1 pt X 3.2.47 An investment company pays 5% compounded semiannually. You want to

B '20 Homework: 3.2 Compound and continuous in Score: 0 of 1 pt X 3.2.47 An investment company pays 5% compounded semiannually. You want to have $11,000 in the future. (A) How much should you deposit now to have that amount 5 years from now? (Round to the nearest cent.)

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