Question 8 William bought stock for $100,000. He expects the stock to increase in value at a rate of 6% compounded monthly for the next 5 years. How much is the stock expected to be worth at the end of the 5th year? O $134,925 $134,885 5.5 pts O $134,685 hs

William bought stock for $100,000. He expects the stock to increase in value at a rate of 6% compounded monthly for the next 5 years. How much is the stock expected to be worth at the end of the 5 th year? $134,925 $134,885 $134,685