If you desire to have $30,000 for a down payment for a house in seven years, what amount would you need to deposit today? Assume that your money will earn 5 percent. Use the appropriate factor(s) from the tables provided (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1- D) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to the nearest whole number. Amount to be deposited

If you desire to have $30,000 for a down payment for a house in seven years, what amount would you need to deposit today? Assume that your money will earn 5 percent. Use the appropriate factor(s) from the tables provided (Exhioit 1-A, Exhibit 1-8, Exhibit:-C, Exhibit: D) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to the nearest whole number