1 If you invest $5,000 today into a savings account that pays 3.5% interest compounded daily, what will your balance be 5 years from now? A. $5,812.50 B. $5,938.43 C. $5,954.71 D. $5,956.18 E. None of the above 1 60. A Pennsylvania state savings bond can be converted to $10,000 at maturity 5 years from purchase. If the state bonds are to be competitive with U.S. savings bonds, which pay 6% annual interest (compounded annually), at what price must the state sell its bonds? Assume no cash payments on savings bonds prior to redemption. A. $747.26 B. $7,462.15 C. $7,472.58 D. $9,433.96 E. None of the above