You would like to contribute to a savings account over the next three years in order to accumulate enough money to take a trip to Europe. Assume an interest rate of $14\%,$ compounded quarterly.

How much will accumulate in three years by depositing $$740$ at the beginning of each of the next $12$ quarters?

Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. $($FV of $$1,$ PV of $$1,$FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$

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