Kaeli Company will invest $10,000 a year for 5 years, with all investments at the beginning of each year. If the fund earns 10% compound interest, what amount will be in the fund at the end of 5 years?
A)$60,000
B)$61,051
C)$65,000
D)$67,156

Name: Kaeli Company will invest $10,000 a year for 5 years, with all investments at the beginning of each year. If the fund earns 10% compound interest, what amount will be in the fund at the end of 5 years? A)$60,000 B)$61,051 C)$65,000 D)$67,156
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Question

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The Answer is D

Kaeli Company Will Invest $10,000 a Year for 5 Years