You Want to Quit Your Job and Return to School

Multiple Choice

You want to quit your job and return to school for an MBA degree 3 years from now,and you plan to save $2,800 per year,beginning immediately.You will make 3 deposits in an account that pays 5.2% interest.Under these assumptions,how much will you have 3 years from today?

A) $9,304.28
B) $7,908.64
C) $9,025.15
D) $10,420.79
E) $7,722.55