N FV $1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1 1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087 3. 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347 4 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861 1.15927 0.86261 5.3091 4.57971 5.4684 4.71710 6. 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971 7 1.22987 0.81309 7.6625 6.23028 7.8923 6.41719 8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 9. 10.1591 7.78611 10.4639 8.01969 11.4639 8.53020 11.8078 8.78611 12.8078 9.25262 13.1920 9.53020 12 1.42576 0.70138 13 1.46853 0.68095 14 1.51259 0.66112 15 1.55797 0.64186 16 1.60471 0.62317 14.1920 9.95400 14.6178 10.25262 15.6178 10.63496 16.0863 10.95400 17.0863 11.29607 17.5989 11.63496 18.5989 11.93794 20.1569 12.56110 19.1569 12.29607 20.7616 12.93794 Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $140,000 5- years from now. How much must Carol deposit to accomplish her goal?

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 2.1C
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Monday.miX
5 Question 4 X
M Mathway X
G You want t x
nheducation.com/ext/map/index.html?_con=Dcon&external_browser=D0&launchUrl=https%253A%252F%252Fbbhosted.cuny.edu%252Fwebapps%252Fportal%252Ffram
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Hb Module 5- Chap 1 &..
H Office templates & t.
t Il - Chapter 5
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S
N
FV $1
PV $1
FVA $1
PVA $1
FVAD $1
PVAD $1
1
1.03000 0.97087
1.0000
0.97087
1.0300
1.00000
1.06090 0.94260
2.0300
1.91347
2.0909
1.97087
3
1.09273 0.91514
3.0909
2.82861
3.1836
2.91347
4
1.12551 | 0.88849
4.1836
3.71710
4.3091
3.82861
1.15927 0.86261
5.3091
4.57971
5.4684
4.71710
6.
1.19405 0.83748
6.4684
5.41719
6.6625
5.57971
1.22987 0.81309
7.6625
6..23028
7.8923
6.41719
8
1.26677 0.78941
8.8923
7.01969
9.1591
7.23028
1.30477 0.76642
10 1.34392 0.74409
9
10.1591
7.78611
10.4639
8.01969
11.4639
8.53020 11.8078
8.78611
1.38423 0.72242
12 1.42576 0.70138
13 1.46853 0.68095
11
12.8078
9.25262
13.1920
9.53020
14.1920
14.6178 10.25262
15.6178 10.63496 16.0863 10.95400
9.95400
14 1.51259 0.66112
17.0863 11.29607
17.5989 11.63496
15 1.55797 0.64186
16 1.60471 0.62317
18.5989 11.93794
19.1569 12.29607
20.1569 12.56110 | 20.7616 12.93794
Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $140,000 5-
years from now. How much must Carol deposit to accomplish her goal?
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Transcribed Image Text:Monday.miX 5 Question 4 X M Mathway X G You want t x nheducation.com/ext/map/index.html?_con=Dcon&external_browser=D0&launchUrl=https%253A%252F%252Fbbhosted.cuny.edu%252Fwebapps%252Fportal%252Ffram Books Login - Hb Module 5- Chap 1 &.. H Office templates & t. t Il - Chapter 5 Saved Help Save & Exit S N FV $1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1 1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087 3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347 4 1.12551 | 0.88849 4.1836 3.71710 4.3091 3.82861 1.15927 0.86261 5.3091 4.57971 5.4684 4.71710 6. 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971 1.22987 0.81309 7.6625 6..23028 7.8923 6.41719 8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028 1.30477 0.76642 10 1.34392 0.74409 9 10.1591 7.78611 10.4639 8.01969 11.4639 8.53020 11.8078 8.78611 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 11 12.8078 9.25262 13.1920 9.53020 14.1920 14.6178 10.25262 15.6178 10.63496 16.0863 10.95400 9.95400 14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496 15 1.55797 0.64186 16 1.60471 0.62317 18.5989 11.93794 19.1569 12.29607 20.1569 12.56110 | 20.7616 12.93794 Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $140,000 5- years from now. How much must Carol deposit to accomplish her goal? < Prev 4 of 15 Next >
Multiple Choice
$106,779.
$104,173.
$122,578.
$102.123
Prey
4 of 15
Next >
會寶:
Transcribed Image Text:Multiple Choice $106,779. $104,173. $122,578. $102.123 Prey 4 of 15 Next > 會寶:
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