Business

Susan Hays

13 June, 23:41

Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $50,000 five years from now.

How much must Carol deposit to accomplish her goal?

(A) $37,205.

(B) $43,131. (C) $35,000. (D) $35,069.

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