An investment company pays 8% compounded semiannually. You

Last updated: 7/18/2022

An investment company pays 8% compounded semiannually. You want to have $17,000 in the future. (A) How much should you deposit now to have that amount 5 years from now? (Round to the nearest cent.) (B) How much should you deposit now to have that amount 10 years from now? (Round to the nearest cent.)