A company needs to have $115,000 in 5 years, and will create a fund to insure that the $115,000 will be available. If it can earn a 6% return compounded annually, how much must the company invest in the fund today to equal the $115,000 at the end of 5 years? (PV of $1. FV of $1. PVA of $i, and FVA of $11 (Use appropriate factor(s) from the tables provided.) Multiple Choice $153,887 $80,500 $34,500 $85,940 $108,100