Question: Tim and Sam are saving for a holiday and will leave 5 years from now. Tim puts $5000 in a bank account and Sam agrees

Tim and Sam are saving for a holiday and will leave 5 years from now. Tim puts $5000 in a bank account and Sam agrees to contribute $100 at the end of each month until they leave. The bank account pays interest monthly at a rate of 3% p.a. How much money will they have when they leave? O a. 12,273 O b. 12,971 O c: 11,969 d. 12,752

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