You want to buy a new sports car 3 years from now,and you plan to save $2,700 per year,beginning one year from today.You will deposit your savings in an account that pays 5.2% interest.How much will you have just after you make the 3rd deposit,3 years from now?
A) $8,357.93
B) $9,807.78
C) $9,296.07
D) $8,528.50
E) $7,846.22
Correct Answer:
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