Jack deposits the following amounts in a savings plan which pays 9.5% per annum, compoundedmonthly: $1992 today, $1200 at the end of year two and...

Jack deposits the following amounts in a savings plan which pays 9.5% per annum, compounded monthly:

• $1992 today,
• $1200 at the end of year two and
• $3300 at the end of year three. 

The amount he will have in exactly 3 years is closest to:

Select one:

a. $7265.01

b. $7395.93

c. $7229.36

d. $7026.12