(Answered) A company wants to have 40000 at the end of a five-year

Finance

A company wants to have $40,000 at the end of a five-year period through investment of a single sum now. How much needs to be invested in order to have the desired sum in five years, if the money can be invested at 10%:

A) $10,551

B) $8,000

C) $24,840

D) $12,882

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