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How much will have four years from today

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Problem 1: You want to quit your job and go back to school for a law degree 4 years from now, and you plan to save $3,500 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. $ 16,112

b. $ 16,918

c. $ 17,763

d. $ 18,652

e. $ 19,584

Reference no: EM132653429

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