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Please show work If you deposit $200 today and then $5000 in three years from now at 4% annual interest, how much will you have

Please show work

If you deposit $200 today and then $5000 in three years from now at 4% annual interest, how much will you have in 10 years?

Given formulas

  1. Lump Sum: FV=PV(1+r)t

  1. Lump Sum PV=FV/(1+r)t

  1. Lump Sum r=(FV/PV)1/t -1

  1. Annuity: FV=C(1+r)t-1r

  1. Annuity PV=C1-1(1+r)tr

  1. Perpetuity: PV=C/r

  1. Equivalent Annual Rate: EAR = 1+APRmm-1

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