Hazel plans to contribute $1000/yr to an investment that pays 8%/yr compounded annually. If she contributes $1000 at the beginning of each year, how much money will she have in total after 10 yr? (Assume that she has not made the 11th contribution yet.)
+37157 As the payments are made at the BEGINNING of the period....this is an ANNUITY DUE calculation...
Here is one form of this calc:
FV = PMT * [ (1+i)n - 1 ] / i * (1+i) PMT = 1000 i = .08 n =10 plug and play! 
