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14 Today you deposit $5 thousand into an account paying 3% APR compounded daily. How much money will you have in the account 11 years

14

Today you deposit $5 thousand into an account paying 3% APR compounded daily. How much money will you have in the account 11 years from now?

Question 15

7 years ago you started making annual deposits of $486 into an account paying 7% annual return. You continue to make these deposits every year without fail. If you keep doing this every year for the next 5 years, how much money will you have in 5 years?

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