Anna lent $20,000 to an attorney firm and was promised that she will be paid 6% annual return compounded continuously. If the business paid Anna the interest amount as well as the principal at the end of 5 years, how much in total did she get? If she had a choice of lending to a friend who would pay her 6% compounded weekly did she make a right choice by lending to the attorney firm rather than to her friend? Round it to the nearest 100.

A) $26,000, No

B) $27,000, Yes

C) $27,000, No

D) None of the above

Need Computation