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49.) 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?

49.) 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.)

A. $214,896

B. $120,056

C. $160,584

D. $211,476

E. $21,486

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