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Assume that you will nood a total of $20,000 to pay oft a loan at the end of 6 years. If you can irvest at

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Assume that you will nood a total of $20,000 to pay oft a loan at the end of 6 years. If you can irvest at 8% per year. compounded serniannally, how much must you invest today in order to accumulate the $20,000 ? A. $12,491.94 8. $31,737.49 C. $20,000.00 D. $12.603.39 E. nore of the above

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