Question

You invest $5,000.00 with 5% quarterly compounded interest. You add $1,000.00 each year. At the end of five years, you will

have______________.

a
$10,228.50
b
$9,228.50
c
$11,228.50
d
$12,228.50
ASAP

Answer 1

Shi I would say b . A is too much and so is d