You are developing a performance progress report for a project you are managing. The following timephased budget was developed earlier in the planning stage and is being used as the standard against which the project performance is measured.

$\backslash$table$[[$Work Packages,W$1,$W$2,$W$3,$W$4,$W$5,$W$6,$W$7,$W$8,$W$9,$W$10,$W$11],[$A$,9,1,5,,,,,,,,],[$B$,,,,6,7,5,,,,,],[$C$,,,,,,,9,9,6,9,7],[$Total$,9,1,5,6,7,5,9,9,6,9,7]]$

At the end of Week $8,$ activity $"C"$ is $50\%$ complete. What is the Earned Value of this activity?

Use two decimal places in your calculations.