Mia is 27 years old and he saw a bank offering a time deposit plan with 6% interest. Shee does not know how often the bank calculates interest but he is interested. If she plans to take the offer and...

Mia is 27 years old and he saw a bank offering a time deposit plan with 6% interest. Shee does not know how often the bank calculates interest but he is interested. If she plans to take the offer and wants a sum of $ 20,000 in 10 years, how much should she start his deposit?

a. $11,000

b. $10,000