When you were born, your Uncle promised to deposit $$1500$ into a

savings account bearing $4\mathrm{.}5\%$ per year on each birthday, beginning with

your first. You have just turned $19$ and want the cash. However, it turns

out that your Uncle forgot to make a deposit on your fifth and eleventh

birthdays. How much is in the account right now?

a$)$ $$37,018$

b$)$ $$37,184$

c$)$ $$38,684$

d$)$ $$40,425$

e$)$ $$40,595$

Please think of this problem as

three annuities: one with annual

cash tlows Erom $t=1$ through

$t=4,$ another with an$-$ual

cash tlows trom $t=6$ through

$t=10,$ and yet another with

annual cash tlows from $t=12$

throwgh $t=19.$ Please let me

khow it we can help

any turther!