In order to establish a contingency fund to replace equipment after unexpected breakdowns, a manufacturer of thin-wall plastic bottles plans to deposit $100,000 now and $150,000 two years from now...

In order to establish a contingency fund to replace

equipment after unexpected breakdowns, a manufacturer

of thin-wall plastic bottles plans to deposit

$100,000 now and $150,000 two years from

now into an investment account. Assuming the

account grows at 15% per year, the equation that

does not represent the future value of the account

in year 5 is:

(a) F = 100,000(F∕P,15%,5) +

150,000(F∕P,15%,3)

(b) F = [100,000(F∕P,15%,2) + 150,000]

(F∕P,15%,3)

(c) F = [100,000 + 150,000(P∕F,15%,2)]

(F∕P,15%,5)

(d) F = 100,000(F∕P,15%,5) +

150,000(F∕P,15%,2)