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10. Simon I wants to invest money in a 6% CD account that compounds semiannually. Simon would like the account to have a balance of

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10. Simon I wants to invest money in a 6% CD account that compounds semiannually. Simon would like the account to have a balance of $60,000 five years from now. How much must Simon deposit to accomplish her goal? Choose closest answer. A) $37,205 B) $44,646. C) $35,069. D) $35,000. PV 10pds 3% 7441,PV 10pds 6%.86262, PV 5 pds 6%, 7018 PV 5 pds 34 7000

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