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Beginning one year from today, Rory will begin investing $4,500 at the end of each year for five years at 5% interest compounded annually. Question
Beginning one year from today, Rory will begin investing $4,500 at the end of each year for five years at 5% interest compounded annually. Question #1: Rounded to the nearest whole dollar, how much will Rory have in her account at the end of year five, immediately after her last payment?
Question #2: Rounded to the nearest whole dollar, how much in total interest did Rory earn over the entire five years?
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