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You want to buy a new ski boat 2 years from now, and you plan to save $ 3 , 1 0 0 per year,

You want to buy a new ski boat 2 years from now, and you plan to save $3,100 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 2nd deposit, 2 years from now?
a. $6,361.20
b. $3,449.41
c. $6,522.40
d. $6,691.98
e. $9,791.98
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