Andrew deposits $306.06 each month into an annuity account for his child's college fund in order to accumulate a future value of $80,000 in 16 years. How much of the $80,000 will Andrew ultimately deposit in the account, and how much is interest earned? Round your answers to the nearest cent, if necessary. Formulas AnswerHow to enter your answer (opens in new window) 2 Points Keypad Keyboard Shortcuts Amount Andrew will deposit: $ Interest earned: $ ary. Present Value Formula A PV = -nter you (1+-)" + Keyboar Annuity Formula for Finding Future Value nt + FV = PMT. 6 Annuity Formula for Finding Payment Amounts PMT = FV. [(1 +2" - 1 )