Patricia Wants to Invest a Sum of Money Today That $\bold{\text{(Use appropriate factor(s)from the tables provided.)}}$

Multiple Choice

Patricia wants to invest a sum of money today that will yield $10,000 at the end of 6 years.Assuming she can earn an interest rate of 6% compounded annually,how much must she invest today? (PV of $1,FV of $1,PVA of $1,and FVA of $1) $\bold{\text{(Use appropriate factor(s) from the tables provided.) }}$

A) $7,050
B) $9,400
C) $6,000
D) $8,836
E) $8,306