Present and future value tables of $1 at 3% are presented below: PV $1 FVA $1 N FV $1 PVA $1 FVAD $1 PVAD $1 1 1.03000 0.97087 1.0000 0.97087 1.0300 100000 2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087 109273 0.91514 3.0909 2.82861 3.1836 2.91347 0.88849 4 1.12551 3.82861 4.1836 3.71710 4.3091 5 1.15927 0.86261 5.3091 4.57971 5.4684 4.71710 119405 0.83748 6.4684 5.41719 6.6625 5.57971 7 1.22987 76625 0.81309 6.23028 7.8923 6.41719 8.8923 8 1.26677 0.78941 9.1591 7.01969 723028 9 1,30477 076642 10.1591 778611 10.4639 8.01969 10 1.34392 074409 11.4639 8.53020 118078 8.78611 11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020 12 1.42576 070138 14.1920 9.95400 14.6178 10.25262 146853 0.68095 13 16.0863 17.5989 15.6178 10.63496 10.95400 1,51259 11.29607 14 0.66112 17.0863 11.63496 15 1.55797 18.5989 0.64186 19.1569 11.93794 12.29607 12.93794 1.60471 16 0.62317 20.7616 20.1569 12.56110 Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $70,000 5-years from now. How much must Carol deposit to accomplish her goal? Multiple Choice 18.5989 11.93794 19.1569 12.29607 1.55797 0.64186 15 20.7616 12.93794 20.1569 12.56110 1.60471 0.62317 16 Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $70,000 5-years from now. How much must Carol deposit to accomplish her goal? Multiple Choice $55,092. $66,891 $50,036 $52,086. 7 of 28 Next >