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10. Henry is assessing his retirement strategy, as he plans to retire 10 years from now; currently he has $300,000 in a savings account paying

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10. Henry is assessing his retirement strategy, as he plans to retire 10 years from now; currently he has $300,000 in a savings account paying 4% annual interest, compounded quarterly He also knows that he will eceive $200,000 as termination payout from his life insurance 5 years from now, and he plans to add this money to his savings account until the moment when he retires. f evenythins goes according to his plan, how much vill tenry have in savings 10 years much will Henry have in savings 10 years from now, when he will be retiring? (pick the closest) A. $646,659 B. $687,403 C. $690,697 D. $740,122

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