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Greg is entering high school and is determined to save money for college. Greg feels...

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Accounting

Greg is entering high school and is determined to save money for college. Greg feels he can save $2,500 each year for the next four years from his part-time job. If Greg is able to invest at 4%, how
much will he have when he starts college?
(Click the icon to view Present Value of $1 table.)
(Click the icon to view Present Value of Ordinary Annuity of $1 table.)
(Click the icon to view Future Value of $1 table.)
(Click the icon to view Future Value of Ordinary Annuity of $1 table.)
(Round your answer to the nearest dollar.)
When Greg starts college he will have
image

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