Answer:
$6000
Step-by-step explanation:
$1200/5years =$240/1yr
$240=4%
:. 1%=$60
Initial investment =$60*100%=$6000
Correct answer in this scenario would be D
The next number in the sequence should be 333.111
T=PV/Rn you just divide both sides by Rn
The answer has 131;1 minutes