Answer:
$141.94
Step-by-step explanation:
Basically multiply 100 by .06, add the answer too 100. Which gets 106.
Multiply 106 by .06 and add the answer to 106, do that 5 times(which counts as the five years) and vuala, you got your answer.
And since it said an annual
interest, then the monthly compounding doesn't matter.
