Present and future value tables of $1 at 3% are presented below: N FV $ 1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1 1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000 2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087 3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861 5 1.15927 0.86261 5.3091 4.57971 5.46844.71710 16 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971 17 1.22987 0.81309 7.6625 6.23028 7.89236.41719 18 1.26677 0.789418.8923 7.01969 9.1591 7.23028 9 1.30477 0.76642 10.1591 7.78611 | 10.4639 8.01969 | 10 1.34392 0.74409 | 11.4639 8.53020 | 11.80788.78611 | 11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020 12 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262 13 1.46853 10.68095 15.6178 10.63496 16.0863 10.95400 14 1.51259 0.66112 | 17.0863 11.29607 17.5989 11.63496 15 1.55797 0.64186 18.5989 11.93794 | 19.1569 12.29607 16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 Shane wants to invest money in a 6% CD account that compounds semiannually. Shane would like the account to have a balance of $120,000 7-years from now. How much must Shane deposit to accomplish his goal? Multiple Choice $79,849. $79,334. $88,834. $50,400