Question: You will need to buy a replacement computer, costing $3 000, in five years time. If you have a bank account which earns 8% annual

You will need to buy a replacement computer, costing $3 000,

You will need to buy a replacement computer, costing $3 000, in five years time. If you have a bank account which earns 8% annual interest, how much must you put in the bank every year in order to have enough money for the replacement, assuming you make your first deposit is in a year's time? O $597 $712 $675 $512 O $666

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