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14. You have a saving account in the bank that pays you a rate of 8% compounded annually. If you deposit $750 at the end

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14. You have a saving account in the bank that pays you a rate of 8% compounded annually. If you deposit $750 at the end of the first year, $1,000 at the end of the second year, and $2,000 at the end of the fourth year, what will be the ending balance of your account at the end of the fourth year?* O A. $3,750.00 O B. $4,111.18 O C. $41,118.11 O D. Cannot be determined. O E. None of the above. 15. You have a chance to buy an annuity that pays $20,000 at the beginning of each year for 6 years. You could earn 5% on your money in other investments with equal risk. What is the most value in the present you should pay for the annuity? * A. $106,589.53 O B. $120,000.00 O C. $126,000.00 O D. $162,000.00 O E. None of the above

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