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On January 1, 2022. Austin Corporation invests $250,000 in a 5 year certificate of deposit (CD) that pays 16% interest compounded quarterly. How much will

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On January 1, 2022. Austin Corporation invests $250,000 in a 5 year certificate of deposit ("CD") that pays 16% interest compounded quarterly. How much will Austin Corporation's investment be worth at the end of the CD term. Use the appropriate future value factor table(s) to answer the question and round the answer to the nearest dollar. $547,780 $468,165 $3.397,500 $525.210 $250,000

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