Jillie wants to buy a new car but can't afford it right away. She decides...
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Finance
Jillie wants to buy a new car but can't afford it right away. She decides to put away $2662 today, $4800 at the end of year two and $2100 at the end of year three. If the interest rate is 8.2% per annum, compounded annually, then the amount she will have in exactly 3 years is closest to:
a. $10665.62
b. $11263.69
c. $10941.59
d. $11091.49
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