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Suppose you deposit $5,500 in a bank account today that pays 6% APR interest with monthly compounding. How much could you withdraw after 6 months,

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Suppose you deposit $5,500 in a bank account today that pays 6% APR interest with monthly compounding. How much could you withdraw after 6 months, assuming no additional payments are made? HINT: ensure that ' N ' and the interest rate are both in terms of months. a. $5,662.60 b. $5,667.08 c. $5,665.00 d. $5,500.00

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