A Company Has $46,000 Today to Invest in a Fund $\bold{\text{(Use appropriate factor(s)from the tables provided.)}}$

Multiple Choice

A company has $46,000 today to invest in a fund that will earn 4% compounded annually.How much will the fund contain at the end of 6 years? (PV of $1,FV of $1,PVA of $1,and FVA of $1) $\bold{\text{(Use appropriate factor(s) from the tables provided.) }}$

A) $58,204
B) $47,840
C) $58,075
D) $57,040
E) $62,582