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Hao Made a Single Investment Which,after 5 Years Invested at 12

Question 82

Multiple Choice

Hao made a single investment which,after 5 years invested at 12% compounded semiannually,has accumulated to $214,900.How much did Hao invest initially? (PV of $1,FV of $1,PVA of $1,and FVA of $1) (Use appropriate factor(s) from the tables provided.) \bold{\text{(Use appropriate factor(s) from the tables provided.) }}


A) $214,896
B) $160,584
C) $211,476
D) $120,000
E) $ 21,486

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