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QUESTION 16 6.0 ch 4 Your employer has agreed to place year-end deposits of $1,000,...

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QUESTION 16 6.0 ch 4 Your employer has agreed to place year-end deposits of $1,000, $2,000 and $3,000 into your retirement account. The $1,000 deposit will be one year from today, the $2,000 deposit two years from today, and the $3,000 deposit three years from today. If your account earns 5% per year, how much money will you have in the account at the end of year three when the last deposit is made? (Hint. As an alternative, you can use your CFj- cash flow journal function on your financial calculator to compute the NPV of the deposits, then use this as your PV to solve for FV of the deposits at the end of 3 years at 5%.) Sometimes drawing a time line may help you visualize this o $6,000 O $6,727.88 o $6,202.50 O $6,357.95

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