e BE 2 Question 10 W A Click Submit to complete this assessment. S A Click Submit to complete this assessment. 2 points Jay wants to accumulate $100,000 in 6 years to buy a houseboat. He expects to earn 11.5% on his investment, compounded quarterly. What lump sum should Jay deposit today to make this happen? $49,285.55 $50,398.42 $51,984.31 $47,856.83 X H command #3 E D 54 C $ 4 R F 1 AUG 23 Search or type URL 67 d % 5 V T G A 6 B MacBook Pro Y tv H & 7 N U J NI * 00 8 M + 9 K O A O O L P V | I I .... command option W 13 { ? 1 Save and Su Question + 11

Jay wants to accumulate 5100,000 in 6 Ak years to buy a houseboat. He expects to eam 11 sh on his immatmenc, compounded quarterly. What lump sum should /ay deposit today to make this happen? $49.285.55$50,398.42$51,984.31$47,956.83