coorporation finance

You have just deposited X dollars in your bank account that pays interest of 24 percent p.a. You discover that at the end of one year you have $8,311 in the account. What was X, that is, the amount of money that you deposited today? (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85 ). Your Answer: Answer Question 8 (8 points) You want to withdraw $56,299 from your account at the end of one year and $ 47,893 at the end of the second year. How much should you deposit in your account today so that you can make these withdrawals? Your account pays 14 percent p.a. (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85 )