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A recent graduate just accepted a job offer that promises her the following bonuses at the end of each of the following years: Year 2:
A recent graduate just accepted a job offer that promises her the following bonuses at the end of each of the following years: Year 2: $4,000, Year 4: $6,000, Year 6: $10,000, and Year 8: $12,000. Instead of spending her bonuses, she decides to invest the money in an account earning 10% annually. How much would she have at the end of year 12?
Answer Choices:
$53,202
$64,374
$62,106
$18,647
$58,521
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