A student wants save for college which begins in four years. How much will the student save assuming equal deposits of $2,000 at the beginning of each year and 5% interest? Following are appropriate factors from tables:

Table % / n	Present Value of annuity due $1	Present Value of ordinary annuity of $1	Future value of annuity due $1	Future Value of ordinary annuity of $1
5%/4	3.72325	3.54595	4.52563	4.31013

Required Computation: