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Assume you deposited $3,200 in an account two years ago and are depositing another $5,000 today. You will make a final deposit of $3,500 one
Assume you deposited $3,200 in an account two years ago and are depositing another $5,000 today. You will make a final deposit of $3,500 one year from now. What will your account balance be three years from now if the account pays 4.85 percent interest, compounded annually?
Multiple Choice
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$13,033.95
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$14,328.90
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$12,431.05
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$13,666.10
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$13,430.84
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