Question: Newly married and prepares a surprise gift for her husband. She Would like to offer it a trip to Europe on their 10th wedding anniversary. Tara plans to invest $5000 per year up to that anniversary. She plans to make her first $ 5,000 payment to the End of their first anniversary. If the nominal interest rate is 8%, how much will it have for its trip if This interest rate is capitalized
a) annually,
b) quarterly,
c) monthly?