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Amy Medavoy will invest $8,960 a year for 20 years in a fund that will earn 10% annual interest. Click here to view factor tables.

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Amy Medavoy will invest $8,960 a year for 20 years in a fund that will earn 10% annual interest. Click here to view factor tables. If the first payment into the fund occurs today, what amount will be in the fund in 20 years? If the first payment occurs at year-end, What amount will be in the fund in 20 years? (Round factor values to 5 decimal ploces, eg. 1.25124 and final answers to 0 decimol ploces, eg 458,581.) First payment today First payment at year-end

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