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Shane wants to invest money in a 6% certificate of deposit account that compounds semiannually. Shane would like the account to have a balance of

Shane wants to invest money in a 6% certificate of deposit account that compounds semiannually. Shane would like the account to have a balance of $100,000 four years from now. How much must Shane deposit to accomplish his goal?

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$22,510.

$25,336.

$88,849.

$78,941.

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