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A company plans to make four annual deposits of $ 3 , 7 5 0 each to a special building fund. The fund s assets

 
 
A company plans to make four annual deposits of $3,750 each to a special building fund. The funds assets will be invested in mortgage instruments expected to pay interest at 12% on the funds balance.
Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)
Required:
Determine how much will be accumulated in the fund after four years under each of the following situations:
The $3,750 annual deposit are made at the end of each of the four years and interest is compounded annually.
The $3,750 annual deposit are made at the beginning of each of the four years and interest is compounded annually.
The $3,750 annual deposit are made at the beginning of each of the four years and interest is compounded quarterly.
The $3,750 annual deposit are made at the beginning of each of the four years interest is compounded annually, and interest earned is withdrawn at the end of each year.

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