10.

Dr. J. wants to buy a Dell computer which will cost $3,800 three years from today. He would like to set aside an equal amount at the end of each year in order to accumulate the amount needed. He can earn 10% annual return. How much should he set aside? Use Appendix C. (Round "FV Factor" to 3 decimal places and your final answer to 2 decimal places.)

$1,198.04

$1,148.04

$1,248.04

$1,123.04