Cody Invests $1,800 Per Year from His Summer Wages at a 4

Multiple Choice

Cody invests $1,800 per year from his summer wages at a 4% annual interest rate.He plans to take a European vacation at the end of 4 years when he graduates from college.How much will he have available to spend on his vacation? (PV of $1,FV of $1,PVA of $1,and FVA of $1) $\bold{\text{(Use appropriate factor(s) from the tables provided.) }}$

A) $7,787.52
B) $7,488.00
C) $6,912.00
D) $7,200.00
E) $7,643.70