08. Suppose you want to invest $15,000 as a single amount today at an 8% annual interest. How much will you have at the end of the 5 years? 3 pts 09. 6 pts total You plan to invest $2,400 into a savings account per year for 18 years to save for your kids college How much money will you have in 18 years if you can secure a 5% annual interest rate? 3 pts b. Now suppose you plan to invest S200/month (instead of a single annual payment) into a savings account per year for 18 years to save for your kids college. How much money will you have in 18 years if you can secure a 5% annual interest rate? (Hint: You need to switch from compounding annually to compounding monthly). 3 pts