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Present and Future Value Tables of $1 at 3% Are

Question 30

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Present and future value tables of $1 at 3% are presented below:
Present and future value tables of $1 at 3% are presented below:   -Shane wants to invest money in a 6% CD 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? A)  $88,849. B)  $78,941. C)  $25,336. D)  $22,510.
-Shane wants to invest money in a 6% CD 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?


A) $88,849.
B) $78,941.
C) $25,336.
D) $22,510.

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