-Thomas Young Invested $15,000 at 10% Annual Interest and Left

Multiple Choice

-Thomas Young invested $15,000 at 10% annual interest and left the money invested without withdrawing any of the interest for 15 years. At the end of the 15 years, Thomas decided to withdraw the accumulated amount of money. Thomas has found the following values in various tables related to the time value of money. To the closest dollar, which amount would he withdraw, assuming that the investment earns interest compounded annually?

A) $18,591
B) $114,091
C) $47,659
D) $62,659