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 $500 in a bank account now and $300 at the end of the year. If the account earns 3% interest per year, what will be the balance in the account right after you make the second deposit?
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Part 1
Which of the timelines correctly shows the cash flows from the perspective of the bank account?(Select the best choice below.)
A.
The timeline starts at Period 0 and ends at Period 1. It shows a cash flow of 500 dollars in Period 0 and 300 dollars in Period 1.
Period01
Cash Flow$ 500$ 300
Your answer is correct.B.
The timeline starts at Period 0 and ends at Period 1. It shows a cash flow of 500 dollars in Period 0 and minus 300 dollars in Period 1.
Period01
Cash Flow$ 500negative $ 300
C.
The timeline starts at Period 0 and ends at Period 1. It shows a cash flow of minus 300 dollars in Period 0 and minus 500 dollars in Period 1.
Period01
Cash Flownegative $ 300negative $ 500
D.
The timeline starts at Period 0 and ends at Period 1. It shows a cash flow of minus 500 dollars in Period 0 and 300 dollars in Period 1.
Period01
Cash Flownegative $ 500$ 300
Part 2
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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