Question 1 You deposited $5,000 in a bank account paying 8% on January 1, 2013, and then you made $5,000 deposits on January 1 in 2014 and 2015 Which of the following area balance just after the last payment was deposited? OFV = $5,000[1.08]-1 + $5,000[1.08)-2 + $5,000[1.08)-3 FV = $5,000[1.08]0 + $5,000[1.08]1 + $5,000[1.08]2 OFV = $5,000[1.08]1 + $5,000[1.08]2 + $5.000[1.0813 O FV = $5,000[1.08)-0 + $5,000[1.08)-1 + $5,000[1.08)-2 + $5,000[1.081-3