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 $5,600 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) $18,608.56
B) $21,772.01
C) $16,747.70
D) $15,259.02
E) $22,516.35