Question: Shelly needs $ 3 0 , 0 0 0 in 5 years so she can expand her video business. What amount does she need to

Shelly needs $30,000 in 5 years so she can expand her video business.
What amount does she need to deposit today at 12% compounded quarterly, in order to have the $30,000 she needs in 5 yrs?
Group of answer choices
$16,611.27
$16,601.27
$16,910.27
$16,610.27

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