Only by formula please!! In text not handwritten .Mike needs to have $120,000 in 6 years to pay for his daughter’s college expenses. To have this amount ready, how much would John have to invest now if his preferred investment is paying 4% interest? A. $96,685.68 B. $94,837.74 C. $98,859.32 D. $100,215.87 E. None of these is true. F. Unsure of correct answer

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