annual compounding, management homework help
Dr. Lanica now has $500. How much would he have after 6 years if he leaves it invested at 6.0% with annual compounding?
A. |
$695.98 |
|
B. |
$744.88 |
|
C. |
$737.66 |
|
D. |
$709.26 |
|
E. |
$780.38 |