How much must a person put into the bank today if he wants $50,000 in 5 years at 6% compounded 1.) annually and 2.) semi-annually.) $37,365; and, 2.)...

How much must a person put into the bank today if he wants $50,000 in 5 years at 6% compounded

1.) annually and 2.) semi-annually.

a. 1.) $37,365; and, 2.) $37,205

b. 1.) $38,365; and, 2.) $38,205

c. 1.) $39,365; and, 2.) $38,205

d. 1.) $38,365; and, 2.) $38,205

e. None of the above