Business, 02.03.2020 20:52, juliopejfuhrf2338
Samantha opened a savings account this morning. Her money will earn 5 percent interest, compounded annually. After five years, her savings account will be worth $5,600. Assume she will not make any withdrawals. Given this, which one of the following statements is true?a. Samantha deposited more than $5,600 this morning. b. Samantha could have deposited less money and still had $5,600 in five years if she could have earned 5.5 percent interest. c. The present value of Samantha's account is $5,600.d. Samantha would have had to deposit more money to have $5,600 in five years if she could have earned 6 percent interest. e. Samantha will earn an equal amount of interest every year for the next five years.
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