Amy Medavoy will invest $8,960 a year for 24 years in a fund that will earn 12% annual interest. If the first payment into the fund occurs today, what amount will be in the fund in 24 years?

If the first payment occurs at year-end, what amount will be in the fund in 24 years? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.)

First payment today=

First payment at year-end=