Future value with multiple cash flows: You are a freshman in college and are planning a trip

Question:

with multiple cash flows: You are a freshman in college and are planning a trip to Europe when you graduate from college at the end of four years. You plan to save the following amounts starting today: $625,$700, and $750. If the account pays 5.75 percent annually, how much will you have at the end of four years?

Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...