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Your grandma will give you a graduation gift of $36,000 in exactly two years. When you receive it, you will invest it for 6 more
Your grandma will give you a graduation gift of $36,000 in exactly two years. When you receive it, you will invest it for 6 more years at 7.5 percent per year. How much will you have in 8 years?
A. 58,336.8
B. 52,780.91
C. 64,205.20
D. 41,656.7
E. 55,558.85
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