Your great-aunt wants to help with your college graduation party. She has just placed $5,000 dollars in a bank account that will earn an annual rate of return of 6%. If you graduate in four years, how much will be in your party account?

A) $7,120.89
B) $6,142.96
C) $5,960.47
D) $6,312.38


Answer: D

Business

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