Karen Quigley is saving for new car. The car cost $22.000. How much must Karen invest in a savings account that pay 4% annually to have the $22,000 in three years? Round to the nearest dollar. (the table below may help you answer this question) Present Value Interest Factors Period 2% 4% 6% 8% 10% 12% 15% 20% 1 9804 96159434 9259 9091 89298696 8333 9612 9246 8900 8573 8264 79727561 6944 .9423 .889.8396 .7938 .7513 .7118 6575 .5787 .9238 .8548 921 .7350 .6830 6355 S718 A823 5 9057 819 74736806 6209 5674 A9724019 8880 .7903 70S0 6302 5645 5066 4323 3349 8706 7599 6651 5835 5132 A523 3759 2791 8 535 .7307 6274 ,5403 A665 A039 3269 ,2326 8363 .7026 .5919 s002 .4241 .3606 .2843 .1938 0 8203 6756 5584 4632 3855 3220 2472 1615 11 .3043 .6496 5268 A209 .3505 .2875 .2149 .1346 12 .7885 .6246 A970 3971 .3186 2567 .1869 .1122 13 773060064688 3677 2897 2292 1625 0935 14 7579 5775 A423 3405 2633 2046 1413 0779 15 7430 5553 A173 3152 2394 1827 1229 0619 16 7264 5339 936 2919 2176 1631 1069 0541 17 142 5134 3714 2703 1978 1456 0929 045 18 7002 .4936 .3503 2502 .1799 ,1300 0608 .0376 19 6064 4746 JOS .2317 ,1635 .1161 0703 .0313 20 4730 A564-31' .2145 .1486 .0037 06" .0261 Select one: O a. A-$20,147 o b. 8. $19.107 o c.C. $19.558