#19 A young graduate is planning on saving $789.00 each quarter for four years in an investment account paying 14.48% interest that is compounded quarterly. His first deposit will be made at the end of the next quarter, so this is a regular annuity. The balance from this investment account will be used as a down payment on a new car. Also, in 4 years, he also plans on being able to afford a 60-month car loan with $289.00 monthly payments at a 13.80% APR interest rate. Given the graduate's plans, how expensive of a "dream car" will he expect to be able to purchase in four years? A Submit Answer format: Currency: Round to: 2 decimal places