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Ellen Fetter invested $5,000 in a savings account that paid 6% interest compounded annually. She kept the account for three years. At the end of

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Ellen Fetter invested $5,000 in a savings account that paid 6% interest compounded annually. She kept the account for three years. At the end of three years, Ellen ill have approximately. (the table below may help you answer this question) Compound Value Interest Factors Period 2% 4% 6% 8% 10% 12% 15% 7% 1 1.0200 10400 10600 10800 1.1000 11200 1.1500 1.2000 2 1.0404 10816 1.1236 1664 00 2544 3225 14400 3 1.0612 1.1249 .1910 12597 13310 14049 15209 1.7280 4 10824 .1699 2625 1360S 64 15735 1.7490 20736 5 1.1041 2167 13382 14693 16105 1.7623 2011 24883 6 1.1262 12653 14185 15869 1.716 1.9738 23131 2.9860 7 1.1487 13159 15036 1.7138 19487 22107 26600 3.5832 8 1.1717 13686 15938 18509 2.1436 24760 30590 4.2998 9 1.19 1233 16895 1.9990 23579 2.7731 35179 5.1598 10 1.2190 14802 1.7908 2189 25937 3.1058 40456 6.1917 11 1.2434 15395 18983 23316 2853 34785 46524 74301 12 1.2682 16010 20122 25182 3.1384 3.8960 53502 8.9161 13 1.2936 16651 2.1329 2.7196 34523 43635 6.1528 10.6990 14 13195 1.7317 2.2609 2.9372 37975 4.8871 70757 12.8390 15 13459 18009 2.3966 3,1722 4.1772 S4736 8.1371 154070 16 1.3728 18730 25404 34259 45950 6.1304 9.3576 184880 17 1002 19479 26928 3.7000 5.0545 6.8660 10.7610 22.1860 18 14282 2.0258 28543 39960 55599 76900 123750 26.6230 19 1AS68 2.1068 30256 43157 6.1159 8.6128 14.2310 31.9480 20 14859 2.1911 3.2071 46610 67275 9.6463 163660 38.3370 Select one: O a. A. $6,103 O b. B. $ 5,444 O c. C. $5.414 o d. D. $5.955 O e. E. None of the above

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