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Present and future value tables at $1 at 3% are presented below: NI FV $1 | PV $1 | FVA $1 | PVA S1 FVAD
Present and future value tables at $1 at 3% are presented below: NI FV $1 | PV $1 | FVA $1 | PVA S1 FVAD S1 PUAD $1 11.63000 3.97087 1.0002 0.97087 1.0300 1.00098 2 1.06890 3.94260 2.8300 1.91347 2.8909 1.97887 3 1.99273 9.91514 3.0909 2.82861 3.1836 2.91347 4 1.12551 1.88849 4.1836 3.71710 4.3891 3.82861 5 1.15927 8.86261 5.3891 4.57971 5.4684 4.71718 6 1.19485 8.83748 6.4684 5.41719 6.6625 5.57971 7 1.22987 3.81389 7.6625 6.23828 7.8923 6.41719 8 1.26677 3.78941 8.8923 7.01969 9.1591 7.23823 91.39477 3.76642 10.1591 7.78611 10.4639 8.01969 101.34392 9.74409 11.4639 8.53020 11.8278 8.78611 38423 9.72242 12.8078 9.25262 13.1928 9.53828 121.42576 8.76138 14.1928 9.95488 14.6178 18.25262 131.46853 3.68095 15.6178 18.63496 16.8863 18.95400 141.51259 3.66112 17.0863 11.29687 17.5989 11.63496 151.55797 3.64186 18.5989 11.93794 19.1569 12.29687 16 1.60471 9.62317 20.1569 12.56110 20.7616 12.93794 Shene wants to invest money in a 6% CD eccount that compounds semiannually. Shane would like the account to have a balence of $110.000 3-years from now. How much must Shane deposit to accomplish his goal? Multiple Choice 538,123 $92,621 S19,BOO S92,123
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