Jazelle Momba wants to visit her family in Zimbabwe in 2022, which is 8 years from now. She knows that it will cost approximately $8,200 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 Table 12.3.) (Round your answer to the nearest dollar.)

TABLE 12.3 Present value of $l at end of period It% Period I% 2% 49% 9852 9615 990 9804 9709 9707 9803 9612 9426 9246 8890 9563 9423 9422 9610 9238 .8885 8548 8626 9515 9057 ,8219 8375 9420 9 45 9327 9010 8706 7599 9235 8877 8535 7894 43 ,8746 .8368 7664 7026 9053 8617 8203 6756 8043 6496 8963 8489 8874 ,8364 7885 .6246 8787 .7730 6810 8700 5775 7579 8613 7999 .7430 .5553 7880 7284 8528 6232 5339 7142 5134 7764 6050 8360 7649 5874 ,4936 8277 7536 6864 5703 4746 20 4564 8195 7425 6730 5537 6598 7315 ,5375 ,4388 8034 5219 7207 4220 6342 7954 5067 4057 7876 24 6995 6217 4919 7798 .6892 6095 4776 .6790 .5976 4637 3607 5859 6690 4502 3468 7568 .659 .5744. 437 .3335 29 7493 6494 .563 3207 30 7419 6398 .552 4120 3083 5000 35 7059 .5939 3554 .2534 6717 5513 ,3066 Note: For more detalled tables, see your booklet:he Business Math Handbook 5% 9524 9070 ,8638 ,8227 ,7835 7462 7107 .6768 .6446 6139 5847 5568 5303 505 4810 4363 ,4155 3957 .3769 .3589 .3256 .2953 .2812 2678 ,2429 420 6% 9434 ,8900 ,8396 792 .7473. 7050 6651 6274 .5919 .5584. ,5268 .4970 .4688 3936 37 4 .3503 3305 ,2942 2775 2618 2470 2330 2198 2074 956 74 .0972 9346 8734 8163 6663 6227 5439 475 4150 3878 3624 3387 .3166 .2959 2765 .2415 2109 842 406 314 .0937 8% 9259 .8573 7938 7350 6302 5835 5403 5002 4632 4289 397 3677 3405 3152 .2919 .2502 2317 .2145. 839 703 1577 352 252 073 0994 0676 9174 8417 7084 5963 5470 5019 3875 3555 .3262 .2745 .2519 23 .2120 945 784 637 502 378 264 60 0976 0895 0822 0754 0490 0318 10% 909 8264 7513 .6830 6209 5645 5132 .4665 3855 .3505 .2897 2633 2394 2176 978 799 635 486 228 0923 0839 0763 0693 0630 0573 0356 .022