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1. what amount will be in 8% bank account ten years from now if $5000 is invested each year for 5 years with the first
1. what amount will be in 8% bank account ten years from now if $5000 is invested each year for 5 years with the first investment to be made today? 2. what amount should an individual have in a 10% bank account today before $20000 is needed each year for 6 years with the first withdrawal to be made 5 years from today and each subsequent withdrawl at one-year intervals?( the balance in the bank account should be zero after the 6 withdrawal) 3.How much money will be in an account in 15 years if 30000 is deposited for 7 years beginning 5 yuears from today and the rate is 9%
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