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[5 points] Your bank pays 4% interest per year. You have no money in your account today, but will make a deposit of $25,000 in
[5 points] Your bank pays 4% interest per year. You have no money in your account today, but will make a deposit of $25,000 in one year and of $35,000 in two years from today. How much will you have in the bank in three years from today? (Dollar figures should be approximated to the nearest cent of a dollar, while rates should be expressed in percentage terms without using the "g6" symbol and approximated to the nearest second decimal place.)
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