[Solved] Use the Following to Answer Questions

Question 17
Multiple Choice
Question 17

Use the following to answer questions
Present and future value tables of $1 at 3% are presented below:
-Carol wants to invest money in a 6% CD account that compounds semiannually.Carol would like the account to have a balance of $50,000 five years from now.How much must Carol deposit to accomplish her goal?


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