A company will need $75,000 in six years for a new addition. To meet this goal, the company deposit money in an account today That pays 10% annual interest compounded quarterly. Find the amount that should be invested to total $75,000 in six years.

A company will need 575,000 in 6 yeors for a new addition. To meet this goal, the compony doposits money in an account today that pays 10%, arnual interest congounded oiartocy, Find fie anount that should be invested to total $75,000 in 6 years. The compary should invest? (Do not round unei the final answer. Then round to the nearest cent as neoded)