Find the balance in the account after the given period.
$4000 principal earning 6% compounded annually, after 5 yr
(1 point)
Responses
$6,726.28
$6,726.28
$5,352.90
$5,352.90
$5,395.40
$5,395.40
$7,716.74
$4000 principal earning 6% compounded annually, after 5 yr
(1 point)
Responses
$6,726.28
$6,726.28
$5,352.90
$5,352.90
$5,395.40
$5,395.40
$7,716.74