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You want to buy a new sports car 3 years from now, and you plan to save $7,900 per year, beginning one year from today.

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You want to buy a new sports car 3 years from now, and you plan to save $7,900 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? a. $22,458.39 b. $20,711.62 c. $19,963.01 d. $28,696.83 e. $24,953.76

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