(Steps in detail)

Question 2

One year ago, Sondra opened an investment account paying 7.65 percent annually. She made an initial deposit of $3,000. Her goal is to have $5,000 in the account three years from today. This afternoon, she realized that she may not have deposited sufficient funds to reach her goal. How much more, if any, should she deposit into her account to ensure that she reaches her goal in three more years?