In an attempt to have funds for a down payment, Jan Carlson plans to save $3,850 a year for the next five years. With an interest rate of 8 percent, what amount will Jan have available for a down payment after the five years? Use Exhibit 1-B. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Down payment 1% Exhibit 1-B Future value (compounded sum) of $1 paid in at the end of each pe Period 2% 3% 4% 5% 1.000 1.000 1.000 1.000 1.000 2.010 2.020 2.030 2.040 2.050 3.030 3.0601 3.091 3.122 3.153 4.060 4.122 4.184 4.246 4.310 5.101 5.204 5.309 5.4161 5.5261 U AWN