If $1,000 is invested today and $1,000 is invested at the beginning of each of the next three years at 12% interest (compounded annually), the amount an investor will have at the end of the fourth year will be closest to: —— 财会经济>CFA特许金融分析师 > CFA考试（Level Ⅰ） > Study Session 2　Quantitative Methods Basic Concepts

财会经济>CFA特许金融分析师 > CFA考试（Level Ⅰ） > Study Session 2　Quantitative Methods Basic Concepts

单选题 编号：2690537

1. If $1,000 is invested today and $1,000 is invested at the beginning of each of the next three years at 12% interest (compounded annually), the amount an investor will have at the end of the fourth year will be closest to:

A.$4,779
B.$5,353
C.$6,792

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