Invest the following amounts @ the beginning of each of the next 5 years in a venture that will earn 9% annually and measure the accumulated value at the end of exactly 5 years.

Beginning of year Amount

1 $900

2 1,000

3 1,200

4 1,500

5 1,800

I believe the correct answer, at the end of 5 years would be $8,094.54