You are saving for a new house and you put $20,000 per year in an account...

You are saving for a new house and you put $20,000 per year in an account paying 8%. The first payment is made today. How much will you have at the end of 3 years?

		A. $51,541.19
		B. $55,665.29
		C. $64,928.00
		D. $70,122.24
		E. $75,732.19

Expert Solution

Ans is D.70,122.24

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jeff jeffy answered 1 year ago

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You are saving for a new house and you put $20,000 per year in an account...

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