Xavier deposits $6 daily into an interest-bearing account to save for renovations for his bathroom. The account earns 4.75% which compounds annually. What is the present value of the investment if Xavier renovates his bathroom in five years? a) $11,785.32 b) $10,033.83 c) $7,843,83 d) $9,595.32 I need step by step breakdown please along with the answer. I cannot use Excel on my test so I need to understand the steps