You deposit $1,000 now, $1,500 in one year, $1,500 in 2 years,

$1,500 in 3 years, $1,500 in 4 years, $2,000 in 5 years and $2,500 in

6 years in an account paying 5% APR compounded annually. How

much do you have in the account at the end of the sixth year?

a) 12,668

b) 11,269

c) 16,348

d) 12,227

e) 13,068