You Deposit $10,000 in a 9-Month Investment That Pays R

Multiple Choice

You deposit $10,000 in a 9-month investment that pays r = 8% for the first 6 months and r = 6% for the last 3 months.What is the maturity value of the investment at the end of 9 months?

A) $10,544.80
B) $10,550.00
C) $10,556.00
D) $10,563.61