Find the amount that should be set aside today to yield the desired future amount. Use the table. Definition X - Future amount needed $4.000 Interest Compounding Investment rate period time 2% semiannually 2 years Click here to view page 1 of the table. Click here to view page 2 of the te Present value of $1.00 (page 1) The amount that should be set aside today is $ (Round to the neares Periods 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Rate per period 1% 1.5% 2% 2.5% 3% 0.99010 0.98522 0.98039 0.97561 0.97087 0.98030 0.97066 0.96117 0.95181 0.94260 0.97059 0.95632 0.94232 0.92860 0.91514 0.96098 0.94218 0.92385 0.90595 0.88849 0.95147 0.92826 0.90573 0.88385 0.86261 0.94205 0.91454 0.88797 0.86230 0.83748 0.93272 0.90103 0.87056 0.84127 0.81309 0.92348 0.88771 0.85349 0.82075 0.78941 0.91434 0.87459 0.83676 0.80073 0.76642 0.90529 0.86167 0.82035 0.78120 0.74409 0.89632 0.84893 0.80426 0.76214 0.72242 0.88745 0.83639 0.78849 0.74356 0.70138 0.87866 0.82403 0.77303 0.72542 0.68095 0.86996 0.81185 0.75788 0.70773 0.66112 0.86135 0.79985 0.74301 0.69047 0.64186 0.85282 0.78803 0.72845 0.67362 0.62317 0.84438 0.77639 0.71416 0.65720 0.60502 0.83602 0.76491 0.70016 0.64117 0.58739 0.82774 0.75361 0.68643 0.62553 0.57029 0.81954 0.74247 0.67297 0.61027 0.55368 Enter your answer in the answer box and then click Check Answer. Present value of $1.00 (page 2) Periods 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Rate per period 4% 5% 6% 8% 10% 0.96154 0.95238 0.94340 0.92593 0.90909 0.92456 0.90703 0.89000 0.85734 0.82645 0.88900 0.86384 0.83962 0.79383 0.75131 0.85480 0.82270 0.79209 0.73503 0.68301 0.82193 0.78353 0.74726 0.68058 0.62092 0.79031 0.74622 0.70496 0.63017 0.56447 0.75992 0.71068 0.66506 0.58349 0.51316 0.73069 0.67684 0.62741 0.54027 0.46651 0.70259 0.64461 0.59190 0.50025 0.42410 0.67556 0.61391 0.55839 0.46319 0.38554 0.64958 0.58468 0.52679 0.42888 0.35049 0.62460 0.55684 0.49697 0.39711 0.31863 0.60057 0.53032 0.46884 0.36770 0.28966 0.57748 0.50507 0.44230 0.34046 0.26333 0.55526 0.48102 0.41727 0.31524 0.23939 0.53391 0.45811 0.39365 0.29189 0.21763 0.51337 0.43630 0.37136 0.27027 0.19784 0.49363 0.41552 0.35034 0.25025 0.17986 0.47464 0.39573 0.33051 0.23171 0.16351 0.45639 0.37689 0.31180 0.21455 0.14864