Question: 6. 7. 8. 05-2: Future Values 5-12: Uneven Cash Flows FV of uneven cash flow You want to buy a house within 3 years, and

6. 7. 8. 05-2: Future Values 5-12: Uneven Cash Flows FV of uneven cash flow You want to buy a house within 3 years, and you are currently saving for the down payment. You plan to save $8,000 at the end of the first year, and you anticipate that your annual savings will increase by 20% annually thereafter. Your expected annual return is 6%. How much would you have for a down payment at the end of Year 37 Round your answer to two decimal places. 9. 10. 11

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