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Valerie has a large and growing collection of animated movies. She wants to replace her old television with a new LCD model, so she has started saving for it. At the end of each year, she deposits $900 in her bank account, which pays her 6% interest annually. Valerie wants to keep saving for 3 years and then buy the newest LCD model that is available. Valerie's savings are an example of an annuity.
Problem 1: How much money will Valerie have to buy a new LCD TV at the end of 3 years, rounded to the nearest whole dollar?
Option 1: $3,868
Option 2: $2,865
Option 3: $3,037
Option 4: $2,435
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