Answer:
Three years from today, I will have $18,608.55.
Explanation:
Taking into account the concept of compound interest, to each addition of $ 5,600 must be added the previously entered values, and the interest generated by these:
Year 1: $5,600 x 1.052 = $5,891.2
Year 2: ($5,891.2 + $5,600) x 1.052 = $11,491.2 x 1.052 = $12,088.74
Year 3: ($12,088.74 + $5,600) x 1.052 = $17,688.74 x 1.052 = $18,608.55
Thanks to the compound interest of 5.2%, in 3 years I will have a total amount of $18,608.55.