11.7

David is entering high school and is deternined to save money for college. David feels he can save 36,000 each year for the next four years trom his part time job if 0 avid is able to itivest at 7%, how much wil he have when he starts college? (Cick, the icon to view Present Value of 51 table.) (Click the ison to view Present Value of Ordinary Annuaty of $1 tabled) (Click the icon to view Fulure Vive of $1 tabie) (Cick the icon to view Future Value of Ordinary Annuity of St table.) (Round your answer to the nearest dollar.) When Dard starts colege he will have