4. You want to have $50,000 in your savings account 5 years from now, and you are prepared to make equal annual payments into the account at the end of each year. If the account pays 5% interest, what amount must you deposit each year? 1 5. Your investment account has $120,000 in it. How much will you have in 10 years if you can earn 9% annually? FV = PV (1 + i)" PV = FV [1/(1 + i)"] I FVA = PMT [((1 + i)" - 1) /i] PVA = PMT [(1 - (1 / (1 + i)")) /i]