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Sam Long anticipates he will need approzimately $227,300 in 14 years to cover his 3-year-old...

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Accounting

Sam Long anticipates he will need approzimately $227,300 in 14 years to cover his 3-year-old daughter's college bills for a 4 year degree.
How mych would he have to invest today af an interest rate of 10% compounded semiannually?
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Sam Long anticipates he will need approximately $227,300 in 14 years to cover his 3-year-old daughter's college bills for a 4-year degree. How much would he have to invest today at an interest rate of 10% compounded semiannually? (Use the Table provided.) (Do not round intermediate calculations. Round your answer to the nearest cent.)

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