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Bradley Snapp has deposited $3,460 in a guaranteed investment account with a promised rate of 5% compounded annually. He plans to leave it there for

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Bradley Snapp has deposited $3,460 in a guaranteed investment account with a promised rate of 5% compounded annually. He plans to leave it there for 6 full years when he will make a down payment on a car after graduation. How much of a down payment will he be able to make? ENTER YOUR ANSWER ROUNDED TO THE NEAREST DOLLAR AND DO NOT INCLUDE A DOLLAR SIGN (e.g., 1000)

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