Please find the present value if the goal investment is $6,400 after 8 years at 8% compounded semiannually.  Thank you!!!

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 5RE: A retirement account is opened with an initialdeposit of 8,500 and earns 8.12 interest compounded...
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Please find the present value if the goal investment is $6,400 after 8 years at 8% compounded semiannually.  Thank you!!!

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