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hurry up plz I have only 25mins left Carol wants to invest money in a 10% CD that compounds semiannually. Carol would like the account
hurry up plz I have only 25mins left
Carol wants to invest money in a 10% CD that compounds semiannually. Carol would like the account to have a balance of $54,000 two 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 $27,000 $44,426 $44,628 $43,200 Quaker State Incorporated offers a new employee two options. First, the employee can receive a one-time signing bonus at the date of employment. Second, the employee can take $8,000 at the date of employment plus $24,000 at the end of each of his first two years of service. Assuming the employee's time value of money is 8% annually, what single payment in the first option would be equal to the total of the payments in the second option? (FV of $1, PV of $1. FVA of $1, and PVA of $1 ). (Use appropriate factor(s) from the tables provided.) Multiple Choice $48,798 $57,064 $50,798 None of these answer choices are correct. How much must be invested now at 10% interest to accumulate to $12,000 in flve years? (FV of \$1, PV of \$1, FVA of \$1, and PVA of \$1). (Use appropriate factor(s) from the tables provided.) Multiple Choice $7,367 $7,451 $6,000 $6,000 Step by Step Solution
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