Mathematics, 29.10.2020 19:30 ReignAsrs

Lou has an account with $10,000 which pays 6% interest compounded annually. If to that account, Lou deposits $5,000 at the beginning of each year for 2 years, find out the
amount in the account after the last deposit.
a $10,300.00
C. $21,500.00
b. $20,300.00
d. $22,154.00

Answers: 2

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Lou has an account with $10,000 which pays 6% interest compounded annually. If to that account, Lou...