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Lodh would like to buy an appartment in Sydney in 6 years. He is looking to invest $105,000 today in a share that is expected

Lodh would like to buy an appartment in Sydney in 6 years. He is looking to invest $105,000 today in a share that is expected to earn a return of 12.5% annually. How much will he have at the end of 6 years? (Round to the nearest dollar.)

A.

$157,350

B.

$212,865

C.

$189,681

D.

$223,774

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