Question: 4 - 8 5 Mark Johnson invests a fixed percentage of his salary at the end of each year. This year he invested $ 1

4-85 Mark Johnson invests a fixed percentage of his salary at the end of each year. This year he invested $1500. For the next 5 years, he expects his salary to increase 8% annually, and he plans to increase his savings at the same rate. How much will the investments be worth at the end of 6 years if the average increase in the stock market is
(a)8%?
(b)5%?
(c)3%?
4-85 Mark Johnson invests a fixed percentage of his salary at

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