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A recent college graduate has been saving money for the past 5 years to buy his dream car. He has deposited $4,200 at the end
A recent college graduate has been saving money for the past 5 years to buy his dream car. He has deposited $4,200 at the end of each year and is making the last deposit today, that is, he will have made a total of 5 deposits. How much money will he have saved for his dream car assuming he earned an annual return. of 8.10% on his investments?
$30,889
$28,676
$19,809
$24,689
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