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Mario's uncle left him some money in his Will. Mario is thinking of putting the entire inheritance of $ 5 0 , 0 0 0

Mario's uncle left him some money in his Will. Mario is thinking of putting the entire inheritance of $50,000 in his Tax-Free Savings Account (TFSA) as he has the contribution room. He called the bank and they offered an interest rate of 6.50%, compounded bi-weekly. How much will he have after 10 years of investing?
Select one:
a. $94,312
b. $97,890
c. $96,258
d. $98.482
e. $95,699

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