You want to buy a house within 3 years, and you are currently saving for the down payment. You plan to save $10,000 at the end of the first year, and you anticipate that your annual savings will increase by 15% annually thereafter. Your expected annual return is 7%. How much will you have for a down payment at the end of Year 3? Do not round intermediate calculations. Round your answer to the nearest cent.

Attempts: 0 Average: 0/1 33. Problem 5.33 (FV of Uneven Cash Flow) eBook You want to buy a house within 3 years, and you are currently saving for the down payment. You plan to save $10,000 at the end of the first year, and you anticipate that your annual savings will increase by 15% annually thereafter. Your expected annual return is 7% How much will you have for a down payment at the end of Year 3? Do not round Intermediate calculations. Round your answer to the nearest cent. Brede i New Continue without saving