Carol wants to invest money in a 8% CD that compounds semiannually. Carol would like the account to have a balance of $51,000 four years from now. How much must Carol deposit to accomplish her goal? (FV of $1, PV of $1, FVA of $1, and PVA of $1). (Use appropriate factor(s) from the tables provided.)

Carol wants to invest money in a 8% CD that compounds semiannually. Carol would like the account to have a balance of $51,000 four years from now. How much must Carol deposit to accomplish her goal? (FV of $1. PV of $1. FVA of $1. and PVA of $1. (Use appropriate factor(s) from the tables provided.) Multiple Choice $25,500 O $37,265 $37,487 o o $34,680