Multiple Choice
You want to buy a new sports car 3 years from now,and you plan to save $4,200 per year,beginning 1 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 third deposit,3 years from now?
A) $11,973.07
B) $12,603.23
C) $13,266.56
D) $13,929.88
Correct Answer:
Verified
Correct Answer:
Verified
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