Molly Borrows Money by Promising to Make a Single Payment $\bold{\text{(Use appropriate factor(s)from the tables provided.)}}$

Multiple Choice

Molly borrows money by promising to make a single payment of $100,000 at the end of 5 years.How much money is Molly able to borrow if the interest rate is 10%,compounded semiannually? (PV of $1,FV of $1,PVA of $1,and FVA of $1) $\bold{\text{(Use appropriate factor(s) from the tables provided.) }}$

A) $38,550
B) $78,350
C) $62,090
D) $74,850
E) $61,390