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A saver deposited $4,100 at the Eureka Credit Union on January 1, 2018. He plans to add to the account by depositing $5,100 on January

  • A saver deposited $4,100 at the Eureka Credit Union on January 1, 2018. He plans to add to the account by depositing $5,100 on January 1, 2019 and $6,100 on January 1, 2020. If the credit union pays 4.7% in interest each year on the account's growing balance, how much money does he expect to have by the time the institution closes on December 31, 2020?
  • A.$14,050.83
  • B.$17,560.28
  • C.$15,934.16
  • D.$14,711.22
  • E.$16,683.06

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