Want to buy a new sports car, Basic Statistics

Want to buy a new sports car

You want to buy a new sports car 3 years from now, and you plan to save $4,200 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% interest. How much will you have just after you make the 3rd deposit, 3 years from now? Pick the correct answer and show work.

Answer

A. $11,973

B. $12,603

C. $13,267

D. $13,930

E. $14,626

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Basic Statistics: Want to buy a new sports car

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Basic Statistics: Want to buy a new sports car

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Recent Questions Asked Basic Statistics

Q : Calculate the entropy and gibbs energy of mixing

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Basic Statistics: Want to buy a new sports car

Reference No:- TGS0840016

Recent Questions Asked Basic Statistics

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