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You are hoping to buy a new boat 3 years from now, and you plan to save $5,900 per year, beginning one year from today.

You are hoping to buy a new boat 3 years from now, and you plan to save $5,900 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% interest. How much will you have just after you make the 3rd deposit, 3 years from now? Select the correct answer. a. 18,645.25 b. 18,627.45 c. 18,654.15 d. 18,636.35 e. 18,618.55

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