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Business, 23.02.2021 14:00 baseball1525

2) Mary invested $17,000 today for 5 years to earn interest at 8% compounded quarterly. Future value factor of a lump sum 20
periods and 2% interest in 1.4859, for 5 periods and 8% interest in
1.4693, whereas the future value annuity factor for 5 periods and
8% is 5.8666. What is the future value of $17,000?
A) $25,260.3
B) $24,978.1
C) $99,732.2
D) None

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