document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1080906>Question 1080906</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You are a freshman in college and are planning a trip to Europe when you graduate from college at the end of four years. You plan to save the following amounts annually, starting today: $649, $698, $692, and $733. If the account pays 5.90 percent annually, how much will you have at the end of four years? (Round answer to 2 decimal places, e.g. 15.25.<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #695068 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=695068\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> at the beginning of the first year, you save $649.<BR>\n" );
document.write( "at the beginning of the second year, you save $698.<BR>\n" );
document.write( "at the beginning of the third year, you save $692.<BR>\n" );
document.write( "at the beginning of the fourth year, you save $733.\r<BR>\n" );
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document.write( "if the account pays 5.90 percent annually, then:\r<BR>\n" );
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document.write( "at the end of the fourth year:\r<BR>\n" );
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document.write( "649 invested at the beginning of the first year will be worth 649 * 1.059^4 = 816.26\r<BR>\n" );
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document.write( "698 invested at the beginning of the second year will be worth 698 * 1.059^3 = 828.98\r<BR>\n" );
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document.write( "692 invested at the beginning of the third year will be worth 692 * 1.059^2 = 776.06\r<BR>\n" );
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document.write( "733 invested at the beginning of the fourth year will be worth 733 * 1.059^1 = 776.25\r<BR>\n" );
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document.write( "add them up and you will have a total of $3197.55 at the end of 4 years.\r<BR>\n" );
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