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Assume you had the following sequence, shown below, of deposits and withdrawals over four years, in an account earning 10% interest rate. How much will
Assume you had the following sequence, shown below, of deposits and withdrawals over four years, in an account earning 10% interest rate. How much will you be able to withdraw at the end of four years if you take out the whole balance? Year 0 Deposit $1,000 / Year 1 Deposit $1,200 / Year 2 Withdrawal $900 / Year 3 Deposit $2,000 / Year 4 Withdrawal ? A) $4,617 B) $3,879 C) $4,172 D) $5,242 *Please Show work, Detail for LIFESAVER rating
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