You Want to Buy a New Sports Car 3 Years

Multiple Choice

You want to buy a new sports car 3 years from now,and you plan to save $4,200 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) $11,973
B) $12,603
C) $13,267
D) $13,930
E) $14,626