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You Want to Quit Your Job and Go Back to School

Question 58

Multiple Choice

You want to quit your job and go back to school for a law degree 4 years from now,and you plan to save $2,400 per year,beginning immediately.You will make 4 deposits in an account that pays 5.7% interest.Under these assumptions,how much will you have 4 years from today?


A) $9,501.47
B) $11,711.12
C) $11,490.15
D) $11,048.22
E) $9,390.99

Correct Answer:

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