You want to go to Europe 5 years from now, and you can save $3,500 per year, beginning one year from today. You plan to deposit the funds in a mutual fund that you think will return 7.5% per year. Under these conditions, how much would you have just after you make the 5th deposit, 5 years from now? (Multiple Choice)

Question 8 options:

	$28,549.86
	$20,329.37
	$22,314.79
	$20,754.56
	$19,927.74