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Present and future value tables of $1 at 3% are presented below: | N | 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 FV $ 1 PV $ 1 FVA $1 1.63000 0.97087 1.0000 1.06090 | 0.94260 2.0300 1.09273 0.91514 3.0909 1.12551 0.88849 4.1836 1.15927 0.86261 5.3091 1.19405 0.83748 6.4684 1.22987 | 0.81309 7.6625 1.26677 0.78941 8.8923 1.30477 0.76642 10.1591 1.34392 0.7440911.4639 1.38423 0.72242 12.8078 1.42576 0.70138 14.1920 1.46853 0.68095 15.6178 1.51259 | 0.66112 17.0863 1.55797 0.64186 18.5989 1.60471 0.62317 20.1569 PVA $1 0.97087 1.91347 2.82861 3.71710 4.57971 5.41719 6.23028 7.01969 7.78611 8.53020 9.25262 9.95400 10.63496 11.29607 11.93794 12.56110 FVAD $1 PVAD $1 1.0300 1.80000 2.9909 1.97087 3.1836 2.91347 4.3091 3.82861 5.46844 .71710 6.6625 5.57971 7.89236 .41719 9.1591 7.23028 10.4639 8.01969 11.8078 8.78611 13.1920 9.53020 14.6178 10.25262 16.0863 10.95400 17.5989 | 11.63496 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 $60.000 7-years from now. How much must Carol deposit to accomplish her goal? Multiple Choice 0 $42273 O $37.617 ooo $58,072 $39.667
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