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23 Derek will deposit $4,435.00 per year for 13.00 years into an account that earns 7.00%. Assuming the first deposit is made 7.00 years from

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23 Derek will deposit $4,435.00 per year for 13.00 years into an account that earns 7.00%. Assuming the first deposit is made 7.00 years from today, how much will be in the account 40.00 years from today? Submit Answer format: Currency: Round to: 2 decimal places. 8 What is the value today of receiving $2,950.00 per year forever? Assume the first payment is made next year and the discount rate is 5.00%. Submit Answer format: Currency: Round to: 2 decimal places

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