30.3.16
You plan to save $1,250 at the end of each of the next three years to pay for a vacation. If you can invest it at 7% per annum compounded annually, how much will you have at the end of three years?
A $9,578.08
B $3,280.40
C $4,018.63**
D $3,750.00
E None of the above
How do I get...