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44. Hao made a single investment which, after 5 years invested at 12% compounded semiannually, has accumulated to $215,000. How much did Hao invest initially?

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Hao made a single investment which, after 5 years invested at 12% compounded semiannually, has accumulated to $215,000. How much did Hao invest initially? (PV of $1,FV of $1,PVA of $1, and FVA of $1 ) (Use appropriate factor(s) from the tables provided.) Multiple Choice $160,584 $21,486 $214,896 $120,056 $211,476

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