Zakarian and associates, a california consulting firm, wants to start saving money for replacement of network servers. if the company invests $5000 at the end of year 1 but decreases the amount invested by 5% each year, how much will be available 5 years from now at an earning rate of 8% per year? a) $5,424.73
b) $4,889.32
c) $4,326.16
d) $5,971.84
