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Question 8 ( 0 . 2 5 points ) Mr . Blochirt is creating a college investment fund for his daughter. He will put in

Question 8(0.25 points)
Mr. Blochirt is creating a college investment fund for his daughter. He will put in $1,000 per year for the next 5 years starting one year from now and expects to earn a 6% annual rate of return. How much money will his daughter have when she starts college?
A. $4,212
B. $12,263
C. $5,000
ing
D. $5,637
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