ASAP

Feniand Company plans to retire $220 million in bonds in five years. To save for the retirement, the company plans to make annual deposits into an account at the beginning of each year during that period. The account is expected to earn B\% interest compounded annually. At the end of the five years, there needs to be enough money in the account to pay off the bonds. What amount does Fenland need to invest at the beginning of each year? Note: Use tables, Excet, or a financial calculator. Round your final answer to the nearest whole dollat. (EV of \$\$. PV of S1. EVA of \$1.PVA of \$1. EYAD of $1 and PYAD of \$1) Mulliple Choice $34,722,710 $35.985,747 $42590,093 Cannot be determined bom the given infaimation. What is the value today of recelving $3,000 at the end of four years, assuming an interest rate of 6% compounded semiannually? Note: Use tables, Excel, or a financial calculator, Round your final answer to the nearest whole dollar. (FV. of S1. PV of S1. EVA of S1, and PVA of Si). Mutigis Choice 52,376 51440 32,768 $3.068 Today, King deposited $500,000 in an investment account that is expected to return 8%, compounded sermiannualy. What amount is expected to be in. the account in four years? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollat. (FV of 51. PV of \$1, EVA of S1, and PVA of \$51. Mutiple Choice 5680.245 5663,352 5684,285