If You Are Saving for a Plane Ticket for a Future

Multiple Choice

If you are saving for a plane ticket for a future vacation and you deposit $200 today, followed by $250 at the end of the first year, and a $300 deposit at the end of the second year, what will the future value of your deposits be in 3 years if the interest rates are 5%?

A) $750
B) $822.15
C) $787.5
D) None of the above