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Hao made a single investment which, after 4 years invested at 12% compounded semiannually, has...

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Accounting

Hao made a single investment which, after 4 years invested at 12% compounded semiannually, has accumulated to $234,900. How much did Hao invest initially? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) a. 230,045 b. 168,585 c. 234,898 d. 147,376 e. 19,460

Molly borrows money by promising to make a single payment of $116,000 at the end of 4 years. How much money is Molly able to borrow if the interest rate is 12%, compounded semiannually? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) a. 72,778 b. 43,166 c. 84,150 d. 87,046 e 73,592

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