a) $34,511.68

b) $30,577.34

c) $32,469.94

d) $31,476.67

e) $33,468.80

You want to have $37,000 in cash to buy a car 3 years from today. You expect to earn 3.40%, compounded annually, on your savings. How much do you need to deposit today if this is the only money you save for this purpose