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Susan Orman wants to pay $1,520 semiannually to her granddaughter for 10 years for helping her around the house. If Susan can invest money at
Susan Orman wants to pay $1,520 semiannually to her granddaughter for 10 years for helping her around the house. If Susan can invest money at 6% compounded semiannually, how much must she invest today to meet this goal? (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Answer is complete but not entirely correct. Present value $ 23,292.18
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