Mia Kaminsky Wants to Attend Riverside Community College

Mia Kaminsky wants to attend Riverside Community College. She will need to have $25,000 six years from today. Mia is wondering what she will have to put in the bank today so that she will have $25,000 six years from now. Her bank pays 6% compounded semiannually. Using the tables in the handbook, the amount Mia will have to deposit is:

A)$18,950
B)$17,625
C)$17,535
D)$33,622
E)None of these

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