SOLUTION: I need help with how to solve this problem. "What is the accumulated sum of the following stream of payments? 1,489.74 every year at the beginning of the year for 3 years?"

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Question 1184270: I need help with how to solve this problem. "What is the accumulated sum of the following stream of payments? 1,489.74 every year at the beginning of the year for 3 years?"
Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
each payment is 1489.74.
there are a total of 3 payments of that amount at the beginning of each year.
3 * 1489.74 = 4469.22.

that would be the accumulated sum of those 3 payments.