Mateo Deposits $5,000 at the End of Years 2, 4

Multiple Choice

Mateo deposits $5,000 at the end of years 2, 4 and 6. If interest is 8.2% compounded annually, determine the value at the end of year 6.

A) $18,706.59
B) $19,706.59
C) $20,706.59
D) $21,706.59
E) $22,706.59