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Mick Robinson wishes to have $ 1 4 0 , 0 0 0 in seven years. If he can earn annual interest of 4 %

Mick Robinson wishes to have $140,000 in seven years. If he can earn annual interest of 4%, how much must he invest today?
(Click the icon to view Present Value of $1 table.)(Click the icon to view Present Value of Ordinary Annuity of $1 table.)
(Click the icon to view Future Value of $1 table.)(Click the icon to view Future Value of Ordinary Annuity of $1 table.)
A. $25,630
B. $130,620
C. $106,400
D. $184,240
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