Your Employer Has Agreed to Place Year-End Deposits of $1,000,$2,000

Multiple Choice

Your employer has agreed to place year-end deposits of $1,000,$2,000 and $3,000 into your retirement account.The $1,000 deposit will be one year from today,the $2,000 deposit two years from today,and the $3,000 deposit three years from today.If your account earns 5% per year,how much money will you have in the account at the end of year three when the last deposit is made?

A) $5,357.95
B) $6,000
C) $6,202.50
D) $6,727.88