Carol wants to invest money in a 6% CD 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)$35,069.
B)$43,131.
C)$37,205.
D)$35,000.

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The Answer of Carol wants to invest money in a 6% CD 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)$35,069.
B)$43,131.
C)$37,205.
D)$35,000.

Carol Wants to Invest Money in a 6% CD That