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Brenda Young desires to have $15,500 eight years from now for her daughter's college fund. If she will earn 8 percent (compounded annually) on her

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Brenda Young desires to have $15,500 eight years from now for her daughter's college fund. If she will earn 8 percent (compounded annually) on her money, what amount should she deposit now? (Exhibit 1.A. Exhibit1-8. Exhibit 1-C. Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to nearest whole number. What amount would you have if you deposited $2,100 a year for 40 years at 9 percent (compounded annually)? (Exhibit 1A, Exhibit Exhibit 1-C. Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to 2 decimal places

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