Present and future value tables of $1 at 3% are presented below. N FV $1 PV $1 1 1.03000 0.97087 234 1.06090 0.94260 5 PVA $1 1.0000 0.97087 2.0300 1.91347 1.09273 0.91514 3.0909 2.82861 1.12551 0.88849 4.1836 3.71710 1.15927 0.86261 5.3091 4.57971 FVA $1 FVAD $1 1.0300 PVAD $1 1.00000 2.0909 1.97087 3.1836 2.91347 6 1.19405 0.83748 7 8 9 1.22987 0.81309 1.26677 0.78941 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 14 1.51259 0.66112 15 1.55797 0.64186 11.4639 6.4684 5.41719 7.6625 6.23028 7.8923 6.41719 8.8923 7.01969 9.1591 7.23028 10.1591 7.78611 10.4639 8.01969 8.53020 11.8078 8.78611 4.3091 3.82861 5.4684 4.71710 6.6625 5.57971 12.8078 14.1920 16 1.60471 0.62317 9.25262 9.95400 15.6178 10.63496 17.0863 11.29607 18.5989 11.93794 20.1569 12.56110 13.1920 9.53020 14.6178 10.25262 16.0863 10.95400 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 Jared wants to invest money in a 6% savings account that compounds semiannually. Jared would like the account to have a balance of $100,000 5-years from now. How much must Jared deposit to accomplish his goal? Multiple Choice $91,614