PMI-ACP Preparation Exam Mocktest3

Question 23 of 120
Your organization has recently acquired an HR management system that cost $100,000. The system would need a major upgrade after 10 years which will cost approximately $150,000. If the organization can earn 8% interest on an investment bond, how much money does the organization need to put in the bond now to have $150,000 when the upgrade is required?