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Suppose that you have just graduated from Andrews and entered into your first real job. As much as you anticipate liking your new position, you

Suppose that you have just graduated from Andrews and entered into your first "real" job. As much as you anticipate liking your new position, you would like to move up the ladder as fast as possible and thus plan to return to Andrews 3 years from now to pursue an MBA degree. If you are able to save $7,900 per year, BEGINNING IMMEDIATELY, making 3 deposits in an account that pays 5.0% interest, how much will you have 3 years from today?
$17,004.75
$24,904.75
$34,049.99
26,149.99
$24,885.00

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