Question: You plan to deposit $ 5 0 0 in a bank account now and $ 3 0 0 at the end of the year. If
You plan to deposit $ in a bank account now and $ at the end of the year. If the account earns interest per year, what will be the balance in the account right after you make the second deposit?
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Part
Which of the timelines correctly shows the cash flows from the perspective of the bank account?Select the best choice below.
A
The timeline starts at Period and ends at Period It shows a cash flow of dollars in Period and dollars in Period
Period
Cash Flow$ $
Your answer is correct.B
The timeline starts at Period and ends at Period It shows a cash flow of dollars in Period and minus dollars in Period
Period
Cash Flow$ negative $
C
The timeline starts at Period and ends at Period It shows a cash flow of minus dollars in Period and minus dollars in Period
Period
Cash Flownegative $ negative $
D
The timeline starts at Period and ends at Period It shows a cash flow of minus dollars in Period and dollars in Period
Period
Cash Flownegative $ $
Part
The balance in the account right after you make the second deposit will be $
enter your response here. Round to the nearest dollar.
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