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A company has $36,000 today to invest in a fund that will earn 4% compounded annually. How much will the fund contain at the end

A company has $36,000 today to invest in a fund that will earn 4% compounded annually. How much will the fund contain at the end of 6 years? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)

Multiple Choice

$45,551
$37,440
$45,450
$44,640
$48,978

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