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kennedybrianna kennedybrianna
  • 25-06-2016
  • Mathematics
Answered

Scott deposits $5,000 at the end of each year into an account for five years. Assuming 6% interest semiannually, what is the value of his account in five years?

Select one:

A$67,060
B$21,873
C$30,100
D$28,185.50
ENone of these

Verified Answer :

bugthefox bugthefox
  • 03-07-2016

I think the answer is d 28185.50 dollars.

Answer Link

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