annual compounding, management homework help- COURSE FIGHTER |

Business Finance –
annual compounding, management homework help- COURSE FIGHTER |
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

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