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Present and future value tables of $1 at 3% are presented below: PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1 FV $1 0.97087

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Present and future value tables of $1 at 3% are presented below: PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1 FV $1 0.97087 0.97087 1.00000 1 1.03000 1.0000 1.0300 1.06090 0.94260 2.0909 1.97087 2.0300 1.91347 3.0909 3.1836 2.82861 2.91347 1.09273 0.91514 4 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861 5.4684 0.86261 4.71710 1.15927 5.3091 4.57971 0.83748 5.57971 1.19405 6.4684 5.41719 6.6625 6.41719 1.22987 0.81309 7.6625 6.23028 7.8923 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028 10.4639 9. 1.30477 0.76642 10.1591 7.78611 8.01969 11.8078 10 1.34392 0.74409 11.4639 8.53020 8.78611 13.1920 11 1.38423 0.72242 12.8078 9.25262 9.53020 1.42576 14.1920 14.6178 12 0.70138 9.95400 10.25262 13 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400 1.51259 17.0863 11.29607 14 0.66112 17.5989 11.63496 15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607 12.93794 16 1.60471 0.62317 20.1569 12.56110 20.7616 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

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