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9. Suppose that you place $2,000 in a bank account each year for the next 20 years. How much would be in your bank account

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9. Suppose that you place $2,000 in a bank account each year for the next 20 years. How much would be in your bank account at the end of the twentieth year if the deposits earned an annual rate of return of 4% each year? 10. Repeat above question for annuity due. 11. If you want to accumulate $70,000 and you have $10,000 saved now, how many years will it take if you pay $100 per quarter and your investment account pays 5.5% compounded quarterly

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