Answer:
Veronica will have $310.04 at the end of first five years.
Explanation:
Principal Amount P = $230
Interest Rate r = 6%
Time t = 5 years
Compounded monthly n = 12
We need to find the future amount (A)
The formula used is:

Putting values and finding A

So, Veronica will have $310.04 at the end of first five years.