MR. MATSUI PLANS TO MAKE THE FOLLOWING ANNUAL CONTRIBUTIONS TO HIS...

8. Mr. Matsui plans to make the following annual contributions to his investment account for the next 30 years: Year Amount ($) 1 5,000 2 4,000 3 6,000 4 7,000 5 3,000 6 and thereafter 8,000 per year If the contributions are made at the end of each year, and the rate of interest is 5%, how much money will he have at the end of 30 years? A) $449,726.70 B) $467,527.50 C) $475,527.50 D) $480,212.43 E) $499,303.88