Multiple Choice
You want to buy a new ski boat 2 years from now,and you plan to save $8,200 per year,beginning one year from today.You will deposit your savings in an account that pays 6.2% interest.How much will you have just after you make the 2nd deposit,2 years from now?
A) $15,260
B) $16,063
C) $16,908
D) $17,754
E) $18,642
Correct Answer:
Verified
Correct Answer:
Verified
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