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Present and future value tables of $1 at 3% are presented below: 2:57 N FV $1 PV $1 1 1.03000 0.97087 2 1.06090 0.94260 3

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Present and future value tables of $1 at 3% are presented below: 2:57 N FV $1 PV $1 1 1.03000 0.97087 2 1.06090 0.94260 3 1.09273 0.91514 4 1.12551 10.88849 5 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 10.78941 9 1.30477 10.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 14 1.51259 10.66112 15 1.55797 0.64186 16 1.60471 0.62317 volop FVA $1 PVA $1 1.0000 0.97087 2.0300 1.91347 3.0909 2.82861 4.1836 3.71710 5.3091 4.57971 6.4684 5.41719 7.6625 6.23028 8.8923 7.01969 10.1591 7.78611 11.4639 8.53020 12.8078 9.25262 14.1920 9.95400 15.6178 10.63496 17.0863 11.29607 18.5989 11.93794 20.1569 12.56110 FVAD $1 PVAD $1 1.0300 1.00000 2.0909 1.97087 3.1836 2.91347 4.3091 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 10.4639 8.01969 11.8078 8.78611 13.1920 9.53020 14.6178 10.25262 16.0863 10.95400 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 PEP OPISI Monica wants to sell her share of an investment to Barney for $120,000 in 5 years. If money is worth 6% compounded semiannually, what would Monica accept today? O $ 88,534 $ 6,000. $ 89,291. O O $ 88,037

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