Determine how much will be accumulated in the fund after four years under each of the following situations: The $2,500 annual deposit are made at the end of each of the four years and interest is compounded annually. The $2,500 annual deposit are made at the beginning of each of the four years and interest is compounded annually. The $2,500 annual deposit are made at the beginning of each of the four years and interest is compounded quarterly. The $2,500 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deposit are made at the beginning of each of the four years interest is compounded annually, and interest earned is withdrawn at the end of each year.

Determine how much will be accumulated in the fund after four years under each of the following situations:

1. The $2,500 annual deposit are made at the end of each of the four years and interest is compounded annually.
2. The $2,500 annual deposit are made at the beginning of each of the four years and interest is compounded annually.
3. The $2,500 annual deposit are made at the beginning of each of the four years and interest is compounded quarterly.
4. The $2,500 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deposit are made at the beginning of each of the four years interest is compounded annually, and interest earned is withdrawn at the end of each year.

5. The $2,500 annual deposits are made at the beginning of each of the four years and interest is compounded annually. Note: Round your final answers to nearest whole dollar amount.

   Table, Excel, or calculator function:	FVAD of $1
   Deposit:	$2,500
   n =	4
   i =	12%
   Fund balance

The $2,500 annual deposits are made at the beginning of each of the four years and interest is compounded annually. Note: Round your final answers to nearest whole dollar amount.

Table, Excel, or calculator function:	FVAD of $1
Deposit:	$2,500
n =	4
i =	12%
Fund balance

The $2,500 annual deposits are made at the beginning of each of the four years and interest is compounded quarterly Note: Round your final answers to nearest whole dollar amount.

	i =	n =	Deposit	Fund Balance
First deposit			$2,500
Second deposit			2,500
Third deposit			2,500
Fourth deposit			2,500

The $2,500 annual deposits are made at the beginning of each of the four years interest is compounded annually, and interest earned is withdrawn at the end of each year.

Deposit Amount	Number of Payments	Interest left in Fund	Fund Balance
$2,500	4