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Present and future value tables of $1 at 3% are presented below: 8 01:54:29 6 N1FV $ 11 PV $1 FVA $11 PVA $ 1
Present and future value tables of $1 at 3% are presented below: 8 01:54:29 6 N1FV $ 11 PV $1 FVA $11 PVA $ 1 FVAD $1 PVAD $1 1 1.030000.97087 1.0000 0.97087 1.0300 1.00000 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087 11.09273 0.91514 13.0909 2.828611 3.1836 2.91347 1.12551 0.88849 4.1836 | 3.71710 4.3091 3.82861 1.15927 0.86261 5.3091 4.57971 5.4684 4.71710 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971 1.22987 0.81309 7.6625 6.230281 7.8923 6.41719 1.26677 | 0.789418 | .8923 701969 9.1591 7.23028 11 .30477 | 0.76642 10.1591 7.78611 10.4639 | 8.01969 1.34392 0.74409 11.4639 8.53020 11.80788.78611 | 1.38423 | 0.72242 12.8078 9.25262 13.1920 9.53020 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496 15 1.55797 0.64186 18.5989 11.93794 T 19.1569 12.29607 11 .60471 0.62317 20.1569 12.56110 2 0.7616 12.93794 Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $60,000 2-years from now. How much must Carol deposit to accomplish her goal? Multiple Choice 0 $55,515. 0 $68,114. 0 $53,309. 0 $51,259
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