Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Lisa Daniels wants to receive $2,000 per year for the next 8 years. She can receive $1,000 at the END of every 6 months or $500 at the end of every 3 months. She can invest at 6% interest annually. How much less will she have to deposit today if she elects to receive $1,000 at the END of every 6 months?

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The Answer of Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Lisa Daniels wants to receive $2,000 per year for the next 8 years. She can receive $1,000 at the END of every 6 months or $500 at the end of every 3 months. She can invest at 6% interest annually. How much less will she have to deposit today if she elects to receive $1,000 at the END of every 6 months?

Use Tables 12-1 and 12-2 from Your Text to Answer