Susan Orman wants to pay $1,540 semiannually to her granddaughter for 11 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.)

Present Value -

NOS DOS WG 5 4705 COS 1 2003 SPEL 9960S CARES DES CE COC 2000 OPER 2010 CE CE Present value interest factor of an ordinary) annuity of $1 per period at i% forn periods, PVIFA(1.0). Penica 0 TON 25% 304 35% 40 45 55 80N 6.5% 76 DON . 100% 09950 0.9901 0.9852 0.0004 0756 09709 09862 0.9615 096680952400470 00434 0.000 0.9346 0.9302 0.925009217 0.0174 0.0129091 2 1951 1970 1950 19416 19274 10135 1097 1961 18727 18594 13453 18334 18200 18000 17050 17833 17711 17501 1.747317356 2 20702 2.94102012228302050020205 2016 2.775127490 27232 209792673026485 2620 2600525771255402531325000 24860 4 39505 39020 30544 3.8077 3.7620 37171 3.6731 3.6290 3575 35460 3.5052 3461 3058 33072 330 33121 32756 3.2307 3204531009 4925041534 4 46458 4577 4.5151 4.451043000 4320 427004212441557 41002 4045 3.9927 39400 308073837 3.7008 5375457955 568725.601455001 5.4172 53286 52421 51579507574995649173 48410 47865 4.603 4.622945836 44050 4419041553 7 0.06272028590264120 6.3494 5.8927 578545680 5.582454545 5206451105 50330 405 40684 8 73230 76517 745 73255 7.1701 70197 18740 6.7327 89.463263346 62090 SO 5.971351572 57456563255348 5.635453349 0 7701 15000 35058 1622 9700 7.7861 70077 7053 1 2 7 107389522 6.2017 06561 6.5152 373 320 1191 592587537500 10 07304 04702222 0.020 1.7501 15302 3100 31100 7.912777217 537 73000 7100 70236 6.0541 671016501304177 27001446 11 10677010100711.7050 9510292526 0015 7005 5200 306400125 75000 74007 154 1300 60000 60052 6047364951 12 110100 11205110 0075105751025700.0540 6633 935 9.11008003366105 2008.157 7.9427 77553 75361 74 71007 0.137 13 125662121137117315 113404100332106350103027 0115025820 9.391 1171 0527 5097 03572 21250 7.00 7.6910 740 729127.1034 14 12.4807 13 0037125404 12 1002 116000 112901 10920510.58011022209.1965 9.50969.2950 .013 8.7455 82443 10101 7786275710 73667 15 14.4155158651334321234031214 1193791151741111141073510379710037687122 94027 9.1073 273 805 7820276061 10 153399147179141313135777130560 12.5611 12.09451161231123401037810 4622 10.105007678 9.4661 14158851485753 3120 306237232 17 1625001555224970122010 13.7122131661126613121657 11 7072 112741101045 10477210 110027172 2.1216 528543837000215 18 17 1728 10.303155720 14.990143534 13753513100712602.1000 116001246110027010495100501 700 371030855 7556 4713/2014 10 10.002417226016426215673149701323013700 13.30 125030120853110077111501107347 102356 9521 600692077 0901 86406640 20 10674100051710616.351415.5002146775142124135005130070124622 115504114600110105 10.5 10 10.5 11 3453 1205 12405136 21 18000 150 17001170113161845 154150 120 13 40472 621212.2752 17641113501000551041351001000543692902 2004 10.60041200178500107154151671445111373-103022120416116211012 10.0172 10.2007 9000 9007715 210757 204560 103300 1022221733211640150204141414783.000 12.750 123034117701 112722 10 6067 103711 0620 5000 9.22000 222021245420.00010130716.355100514157093701151712560010711400310000 10000 10.1041 97000 0334160047 23.4456 22 0232207100 1.2314341741311048156211012004009413012700412.1070 1165311145910574 10.212.852204310 OTTO 20 243240 22.7002201201210100000177163804 180120151014372136625300321231241125 112095 100 100 10154190290 0.5390 0.1009 22 251035506220676 20700 1.454018227017205416320515451314643010161132105125750110067 114414108352104640100200002372 23 T245164 227267212113111701 170 16001 157214601432141340021240 121371 1174 11051101665 10.1161 56021060 20 26 933025065233702144 20450510100510950160371502191514111433311310712075 12277711696211150413 10.1983 30 27.7941250077 24015223520930313.6004 10.3220 121201628001537251453313.704130587 12.4090 118104 15257810 7400109737 3.834704200 31 26265422404652293772105420.000 187303175305165451550217239 139113 2005 125318 119 11340310820610342 9894147 235035200237123 4542184022010 178736 16780915802714214004012312466120155114550 10 9001 10400229525254 103656 270225 870000 22 2011 2010 2009 101478 179220 16.003s 150751 1423024501 1273 12 1074 11.6159 101078 104544000004 34 20.7097 21 877 44000 723 21 1770 1970074112122460 10 1820 157370 436013120540131021500 1057 10 019 000 05 03 2701564231450 214072 200007 1848 174610 16.742 153006 144012138070129477 12 2725116546 11070105000 100070610 32,071030 1075 SOY 0 2500 20 20.2006 1 17600 1654 155301 146210 100 13:03 12.3465117112 111400 106110 10 1257 0.6765 337025 30 700 205 239573 22 1072 20.570510120178022 16710156740 1730 1730670131170 124154 115 11.1997 10.6830101507050 30 3452903147 506184406 20 224005 200411 103670180500 10.0079150047 148400 13.792 19.1835 12470411200112347 10.00 10 101 0.732 39 3525301630293645269024750022003211005 5045102207170170150716401 140860 13 2640 125000 1170 1170107255102207 0.7570 40 3.1720 128547 2016 273565 21000 231140 21.3561 19401017151604011503141455133317 12504411924011314550757410247207731 41 35087333400730 4500270026134124215001 19901 135001172044 10 1575 151310142212130411266501072 113400 19.7066102715 0.7951 32.780 541501309941212340 25000 27014 2015 2016 2017 23 102690152945 14200 120000 12001711302010013410200500114 3160540100521220010201064220 220027 20 37000175469600 153000 10500 12700 11412100380103330 0.0340 44 20400245520000 2000 20:00 2250 222 2049 10 10 22.00 12.7800 120771 110000 1000 10 339000191 45 4020720 325423 2002 200330 245187 22.4306 20 7200101001234304554400313.609123105 12.1004 114653 022 0.400 8500 410002 7272 53056 33 271542 24775822.7000 20.0047 204 TO 10.6020541453549.00 12.0 12.3314 1140 20 9002 10304430753 47 417932 373 37 350 2006 2.4 25.0247 2204210409194140|170010 16 717 1550 1450731300181270 12.960 1951 10.0176 1937 1936 12500 339 340400 306733277732257067230012 21.105 10596680772 107002150500499137300129790 12.11. 115000 1000 1030130990 3363535881459475105210754 255017 23.768 21.3415 15.683 18.1667 18.0020 5.7070145018 13.70601254791221221.5457 10 94021040300000 441420 19190134921423028101200236562442221972062560 1.931515 TTD147245 13.000 120 2211 5666 10.0617104139148 DORONG CE LE