How much will you have four years from today

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Reference no: EM131601556

You want to quit your job and go back to school for a law degree 4 years from now, and you plan to save $3,500 per year, beginning immediately. You will make 4 deposits in an account that pays 5.7% interest. Under these assumptions, how much will you have 4 years from today?

a. $50,753 b. $53,424 c. $56,236 d. $59,195 e. $62,311

Reference no: EM131601556

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