Question

Lucas wins $60000 (after taxes) in the lottery and decides to invest half of it in a 6-year CD that pays 4.63% interest compounded quarterly (4 times/year). He invests the other half in a money market fund that unfortunately turns out to average only 3.72% interest compounded annually over the 5-year period. How much money will he have altogether in the two accounts at the end of the 5-year period?

Answer 1

Umm I Was Gettin Help On The Other One But They Left But Whats The Answer Choices ,

Answer 2

there are no answer choices i have to figure it out

Answer 3

Youu Takinn A Test

Answer 4

no its hw

Answer 5

Oh What School Youu Go To ,