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Jazelle Momba wants to visit her family in Zimbabwe in 2025, which is 8 years from now. She knows that it will cost approximately $8,800

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Jazelle Momba wants to visit her family in Zimbabwe in 2025, which is 8 years from now. She knows that it will cost approximately $8,800 including flight costs, on-the-ground costs, and extra spending money to stay for 4 months. If she opens an account that compounds Interest at 4% semiannually, how much does she need to deposit today to cover the total cost of her visit? (Use Toble 12.3.) (Round your answer to the nearest dollar.) Depost TABLE 12.3 Present value of St at end of period Period 4% 5% 6% 7% 8% 9% 101 1 9709 9524 VEVO 9901 9803 2 9852 0707 9563 9804 9612 94a 9426 9615 9245 8990 9070 006B 96E8 9259 8573 7938 9091 8264 7513 4 9422 5 9706 9610 9515 9420 9327 9351 8885 8626 8375 3131 7350 6806 9238 9057 B880 3706 C15 368 9283 9145 9010 1877 8746 6 9346 8734 8163 7629 7130 5663 6227 5820 5439 8638 8227 7835 7462 7107 5758 5446 6139 5847 8548 8219 7903 7599 7307 7026 6756 6196 7 0174 8417 7722 7084 6499 5963 5470 5019 04 6830 6209 5545 5132 7921 7473 7050 6651 6274 5919 5584 5268 970 1688 9235 4665 9143 9053 6302 5895 5400 5002 4632 420 1923 PER 10 5083 3855 8489 44751 8203 8943 7EBS 17730 3875 ST 2963 8874 8787 700 12 13 6246 4440 160 6006 8364 8240 8119 7999 VE 7894 7664 7441 7224 7014 6810 6611 6419 6232 6050 5875 5702 5775 7579 7430 GODE 23 CODE Code SHA 3613 4423 4173 7 3524 5303 5051 1810 4581 4953 4155 5553 569 5134 2519 2142 ce 2010 2700 250 17764 9649 7536 360 4936 7002 6854 3936 3714 3503 2005 una 2942 2015 3705 21 9. 1200 16:35 470 0 1234 TE 2 7315 925 2635 THZ 4220 TEC 5060 3056 6342 5217 7264 10 157 1060 DEE 07 5700 0090 B2 0762 LOVE 7050 5000 LAT TABLE 12.3 Present value of $1 at ond of period 1% 2% 3% 4% 5% 6% Period 7% 8% 9X 10% 1 9852 9804 9709 9615 9524 9434 9091 9901 9803 9259 8573 9707 9426 9746 9070 8900 2 3 9346 8734 8163 9612 9423 9563 8638 17938 9151 8885 8890 8548 8396 7921 9174 8417 7722 7084 6499 5963 4 9238 8227 7629 5 9422 9283 9145 8264 7513 6830 6209 5645 5132 9706 9610 9515 9420 9327 9235 9143 9057 7473 6 8626 8375 8131 8219 7903 7599 7130 6663 9010 8877 8746 8880 8706 B535 .8368 8203 7835 7462 17107 6768 5446 7050 6651 6274 5919 -7350 6806 6302 5835 5409 5002 4632 7894 7664 6227 5820 5439 5083 7307 7026 5470 5019 4604 4220 4665 4241 3855 9059 8617 7441 6756 6139 5584

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