You want to quit your job and return to school for an MBA degree 4 years from now, and you plan to save $4,900 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 4 years from today?

a.

$16,933.79

b.

$22,283.98

c.

$16,770.96

d.

$16,282.49

e.

$18,236.39