1. A home improvement firm has quoted a price of $14.700 to fix up Eric’s backyard. Five years ago, Eric put $12.500 into a home improvement account that has earned an average of 4.75% per year Does Enc have enough money in his account to pay for the backyard for-up?
A Yes, Eric now has exactly $14.700 in his home improvement account.
B. Yes: Eric has $15,754.50 in his home improvement account.
C. No, Eric now has $10.519 32 in his home improvement account.
D. There is not enough information to answer this question. Get Finance Help Today
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