Question: PLEASE HELP ASAP You are saving money for a down payment on a new house. You intend to place $7,500 at the end of each
You are saving money for a down payment on a new house. You intend to place $7,500 at the end of each year for three years into an account earning 5% per year. At the end of the fourth year, you will place $10,000 into this account. How much money will be in the account at the end of the fourth year? A. $37,918.00 B. $34,825.94 C. $26,873.08 D. $39,000.00
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