Answer:
You will have $16,111.99
Explanation:
a) Data and Calculations:
Annual savings $3,500
Years = 4
Interest rate = 5.7%
Future value using finance calculator:
FV (Future Value)	$16,111.99
PV (Present Value)	$12,907.71
N (Number of Periods)	4.000
I/Y (Interest Rate)	5.700%
PMT (Periodic Payment)	$3,500.00
Starting Investment	$0.00
Total Principal	$14,000.00
Total Interest	$2,111.99
b) Your annual savings of $3,500 with 4 deposits will have a future value of $16,111.99 compounded at 5.7% for 4 years with a total principal of $14,000 ($3,500 * 4).