# Question: susan wilson wants to accumulate 14500 by the end of...

###### Question details

Susan Wilson wants to accumulate $14,500 by the end of 12 years.
If the annual interest rate is 5.70 percent and interest compounds
semiannually, how much will she have to invest today to achieve her
goal? **(If you solve this problem with algebra round
intermediate calculations to 6 decimal places, in all cases round
your final answer to the nearest penny.)**