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ate is in the 2 6 % bracket and has $ 2 3 , 0 0 0 available for investment during her current tax year.

ate is in the 26% bracket and has $23,000 available for investment during her current tax year. Assume that she remains in the same tax bracket over the next 10 years, and determine the accumulated amount (in dollars) of her investment after taxes if she puts the $23,000 into the following. (Round your answers to two decimal places.)
(a)
Tax-deferred annuity that pays 6%/year, tax deferred for 10 years.
$
Incorrect: Your answer is incorrect.
(b)
Taxable instrument that pays 6%/year for 10 years. (Hint: In this case, the yield is 4.44%/year.)
$

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