Evaluate $\$ 20,000\left[\frac{\left(1+\frac{0.05}{2}\right)^{4}-1}{\frac{0.05}{2}}\right]$ A) $172,405

question 325

Multiple Choice

Evaluate $\$ 20,000\left[\frac{\left(1+\frac{0.05}{2}\right) ^{4}-1}{\frac{0.05}{2}}\right]$

• A) $172,405.00
• B) $82,207.63
• C) $83,050.31
• D) $41,525.16
• E) $86,202.50

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