Question: I think this problem can be solved with the financial calculator so can you explain this question with the financial calculator? (Click the icon to

I think this problem can be solved with the financial calculator so can you explain this question with the financial calculator?

(Click the icon to view the Future Value of 1Click the iconto table.) (Click the icon to view the Future Value of an Ordinary Annuity table.) (Click the icon to view the Future Value of an Annuity Due table.) Cornies LLP must withdraw $49,000 at the beginning of each semiannual period for the next eight years to satisfy its employee pension obligation. Assuming 6% interest with semiannual compounding, how much should the corporation invest today? Draw a timeline to illustrate the problem view the Present Value of $1 table.) (Click the icon to view the Present Value of an Ordinary Annuity table.) (Click the icon to view the Present Value of an Annuity Due table.) How much should the corporation invest today? (Use the present value and future value tables, a financial calculator, a spreadsheet or the formula method for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, XxxxxX. Round your final answer to the nearest cent, $X.Xx. The corporation should invest today

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