Question

1. Willy has compounded monthly to invest

his summer earnings of $4259 in the Rock
Solid Bank. The bank is offering 6%. Willy
plans to use the money to go to college in 5
years. How much will he have in 5 years? *
O
$4366.55
O
$5237.00
O
$5744.75

Answer 1

$5744.75 that he will pay