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2. You want to go to Europe 7 years from now, and you can save $2,250 per year, beginning one year from today. You plan
2. You want to go to Europe 7 years from now, and you can save $2,250 per year, beginning one year from today. You plan to deposit the funds in a mutual fund that you think will return 5.5% per year. Under these conditions, how much approximately would you have just after you make the 7th deposit, 7 years from now? * A) $18,369 & B) $18,601 O C) $20,251 D) $21,264 E) None of the above
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