Suze Orman wants to pay $1,410 semiannually to her granddaughter for 11 years for helping her around the house. If Suze can invest money at 4% compounded semiannually, how much must she invest today to meet this goal? (Please use the following provided Table.)

ent value interest factor of an (ordinary) annuity of $1 per period at i% for n periods, PVIFA(i,n).

Period	0.5%	1.0%	1.5%	2.0%	2.5%	3.0%	3.5%	4.0%	4.5%	5.0%	5.5%	6.0%	6.5%	7.0%	7.5%	8.0%	8.5%	9.0%	9.5%	10.0%
1	0.9950	0.9901	0.9852	0.9804	0.9756	0.9709	0.9662	0.9615	0.9569	0.9524	0.9479	0.9434	0.9390	0.9346	0.9302	0.9259	0.9217	0.9174	0.9132	0.9091
2	1.9851	1.9704	1.9559	1.9416	1.9274	1.9135	1.8997	1.8861	1.8727	1.8594	1.8463	1.8334	1.8206	1.8080	1.7956	1.7833	1.7711	1.7591	1.7473	1.7355
3	2.9702	2.9410	2.9122	2.8839	2.8560	2.8286	2.8016	2.7751	2.7490	2.7232	2.6979	2.6730	2.6485	2.6243	2.6005	2.5771	2.5540	2.5313	2.5089	2.4869
4	3.9505	3.9020	3.8544	3.8077	3.7620	3.7171	3.6731	3.6299	3.5875	3.5460	3.5052	3.4651	3.4258	3.3872	3.3493	3.3121	3.2756	3.2397	3.2045	3.1699
5	4.9259	4.8534	4.7826	4.7135	4.6458	4.5797	4.5151	4.4518	4.3900	4.3295	4.2703	4.2124	4.1557	4.1002	4.0459	3.9927	3.9406	3.8897	3.8397	3.7908
6	5.8964	5.7955	5.6972	5.6014	5.5081	5.4172	5.3286	5.2421	5.1579	5.0757	4.9955	4.9173	4.8410	4.7665	4.6938	4.6229	4.5536	4.4859	4.4198	4.3553
7	6.8621	6.7282	6.5982	6.4720	6.3494	6.2303	6.1145	6.0021	5.8927	5.7864	5.6830	5.5824	5.4845	5.3893	5.2966	5.2064	5.1185	5.0330	4.9496	4.8684
8	7.8230	7.6517	7.4859	7.3255	7.1701	7.0197	6.8740	6.7327	6.5959	6.4632	6.3346	6.2098	6.0888	5.9713	5.8573	5.7466	5.6392	5.5348	5.4334	5.3349
9	8.7791	8.5660	8.3605	8.1622	7.9709	7.7861	7.6077	7.4353	7.2688	7.1078	6.9522	6.8017	6.6561	6.5152	6.3789	6.2469	6.1191	5.9952	5.8753	5.7590
10	9.7304	9.4713	9.2222	8.9826	8.7521	8.5302	8.3166	8.1109	7.9127	7.7217	7.5376	7.3601	7.1888	7.0236	6.8641	6.7101	6.5613	6.4177	6.2788	6.1446
11	10.6770	10.3676	10.0711	9.7868	9.5142	9.2526	9.0016	8.7605	8.5289	8.3064	8.0925	7.8869	7.6890	7.4987	7.3154	7.1390	6.9690	6.8052	6.6473	6.4951
12	11.6189	11.2551	10.9075	10.5753	10.2578	9.9540	9.6633	9.3851	9.1186	8.8633	8.6185	8.3838	8.1587	7.9427	7.7353	7.5361	7.3447	7.1607	6.9838	6.8137
13	12.5562	12.1337	11.7315	11.3484	10.9832	10.6350	10.3027	9.9856	9.6829	9.3936	9.1171	8.8527	8.5997	8.3577	8.1258	7.9038	7.6910	7.4869	7.2912	7.1034
14	13.4887	13.0037	12.5434	12.1062	11.6909	11.2961	10.9205	10.5631	10.2228	9.8986	9.5896	9.2950	9.0138	8.7455	8.4892	8.2442	8.0101	7.7862	7.5719	7.3667
15	14.4166	13.8651	13.3432	12.8493	12.3814	11.9379	11.5174	11.1184	10.7395	10.3797	10.0376	9.7122	9.4027	9.1079	8.8271	8.5595	8.3042	8.0607	7.8282	7.6061
16	15.3399	14.7179	14.1313	13.5777	13.0550	12.5611	12.0941	11.6523	11.2340	10.8378	10.4622	10.1059	9.7678	9.4466	9.1415	8.8514	8.5753	8.3126	8.0623	7.8237
17	16.2586	15.5623	14.9076	14.2919	13.7122	13.1661	12.6513	12.1657	11.7072	11.2741	10.8646	10.4773	10.1106	9.7632	9.4340	9.1216	8.8252	8.5436	8.2760	8.0216
18	17.1728	16.3983	15.6726	14.9920	14.3534	13.7535	13.1897	12.6593	12.1600	11.6896	11.2461	10.8276	10.4325	10.0591	9.7060	9.3719	9.0555	8.7556	8.4713	8.2014
19	18.0824	17.2260	16.4262	15.6785	14.9789	14.3238	13.7098	13.1339	12.5933	12.0853	11.6077	11.1581	10.7347	10.3356	9.9591	9.6036	9.2677	8.9501	8.6496	8.3649
20	18.9874	18.0456	17.1686	16.3514	15.5892	14.8775	14.2124	13.5903	13.0079	12.4622	11.9504	11.4699	11.0185	10.5940	10.1945	9.8181	9.4633	9.1285	8.8124	8.5136
21	19.8880	18.8570	17.9001	17.0112	16.1845	15.4150	14.69