Question: The amount you must deposit now in your savings account, paying 5 interest, in order to accumulate $5,000 for your first tuition payment when you

The amount you must deposit now in your savings account, paying 5 interest, in order to accumulate $5,000 for your first tuition payment when you start college in 3 years is Period.....................................PV of 1 1. ........................................ .95238 2.......................................... .90703 3.......................................... .86384 a $4,430 b $3,915 c $4,250 d $4,319 why is that the answer? how did you get that

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