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Sam I Am invests $89,000 today at 10% per annum, compounded quarterly. What will the balance of Sam's investment be in 5 years? (Round your

Sam I Am invests $89,000 today at 10% per annum, compounded quarterly. What will the balance of Sam's investment be in 5 years? (Round your answer to the nearest penny.) Answer: Check
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Sam I Am invests $89,000 today at 10% per annum, compounded quarterly. What will the balance of Sam's investment be in 5 years? (Round your answer to the nearest penny.)

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