9. Company B deposits $20,000 at the beginning of each year for 4 years. Interest is 10% compounded annually. What is the value of the deposits at the end of 4 years?

$69,737

$92,820

$63,397

$102,102

10.

A newly married couple decide to save up for a down payment on a house for three years in the future. They estimate that they will need a total of $100,000 for the down payment by the end of three years. What amount should they deposit at the end of each year if they can earn 4% interest on their deposits compounded annually?

$30,803

$34,649

$36,035

$32,035