4.) Andrew and Emma Garfield invested $5,600 in a savings account paying 4% annual interest when their daughter, Angela, was born. They also deposited $1,700 on each of her birthdays until she was 16 (including her 16th birthday). How much was in the savings account on her 16th birthday (after the last deposit)? (Round answer to 2 decimal places, e.g. 25.25.)

5.) Bates Company issued $2,000,000, 15-year bonds and agreed to make annual sinking fund deposits of $78,500. The deposits are made at the end of each year into an account paying 7% annual interest. What amount will be in the sinking fund at the end of 15 years? (Round answer to 2 decimal places, e.g. 25.25.)