Use Table 12-2 to solve. Analysts at Sky West Airlines did a 3 year projection of expenses. They calculated that the company will need $15,400 at the beginning of each 6 month period to buy fuel, oil, lube, and parts for aircraft operations and maintenance. Sky West can get 8% interest compounded semiannually from its bank. How much (in $) should Sky West deposit now to support the next 3 years of operations and maintenance expenses? (Round your answer to the nearest cent.) $ 11891.88 x :-/1 Points] DETAILS BRECMBC9 12.11.020. MY NOTES ASK YOUR TEACHER Solve by using formulas. (Round your answer to the nearest cent.) Present value (in $) of an annuity due Annuity Payment Payment Frequency Time Period (years) Nominal Interest Rate (%) Compounded Present Value of the Annuity $1,300 every year 5 5.7 annually