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 16%, compounded quarterly. How much will accumulate in three years by depositing $680 at the end 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) Table, Excel, or calculator function: Payment Future Value: n= FVA of $1

You would ilike 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 16%, compounded quarterly. How much will accumulate in three years by depositing $680 at the end of each of the next 12 quarters? Note: Use tables, Excel, or a financial colculator. Round your final answers to nearest whole dollar amount. (FV of S1, PV of S1, FVA of S1. PVA of S1. FVAD of S1 and PVAD of S1)