4 Future value Jennifer deposits $3000 a year into her IRA. She earns 9% annually. What will be the future value of her account in 40 years? 5 Which investment is the better deal? Investment A: $60,000 today invested at 5% quarterly for 6 years? Investment B: $8,000 a year for 10 years at 10%. Investment C: $5500 twice a year for 9 years at 10% semiannually. 6 Present value How much needs to be deposited today to earn $2200 with 15% annual interest for eight years? How much of the Future Value of $2200 be interest