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You will deposit $3,000 today. It will grow for 6 years at 12% interest compounded semiannually. You will then withdraw the funds annually over the

You will deposit $3,000 today. It will grow for 6 years at 12% interest compounded semiannually. You will then withdraw the funds annually over the next 4 years. The annual interest rate is 10%. Your annual withdrawal will be: Use Appendix A and Appendix D. (Round "PV Factor" and "FV Factor" to 3 decimal places.)

A) $1,301

B) $5,151

C) $3,159 D) $1,904

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