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Assuming the savings account rate is 4.30%, if you made a deposit of $1000 today, how much will you have in 10 years? (Hint: use
Assuming the savings account rate is 4.30%, if you made a deposit of $1000 today, how much will you have in 10 years? (Hint: use the PV-FV formula)
If you make a deposit of $1000 every year for the next 10 years, how much will you have in 10 years? (Hint: use the FV of the annuity formula)
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