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You would like to travel in South America 5 years from now, and you can save $7,000 per year, beginning one year from today. You

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You would like to travel in South America 5 years from now, and you can save $7,000 per year, beginning one year from today. You plan to deposit the funds in a mutual fund that you think will return 8.5% per year. Under these conditions, how much would you have just after you make the 5th deposit, 5 years from -o now? Select the correct answer. O a. 541,477.61 O O b. 541.485.11 OOC. 541,470.11 O d. 541,462.61 e. $41,492.61

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