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You want to quit your job and return to school for an MBA degree 3 years from now, and you plan to save $5,600 per
You want to quit your job and return to school for an MBA degree 3 years from now, and you plan to save $5,600 per year, beginning immediately. You will make 3 deposits in an account that pays 5.2% interest. Under these assumptions, how much will you have 3 years from today?
- $16,747.70
- $21,772.01
- $22,516.35
- $18,608.56
- $15,259.02
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