Current Attempt in Progress Use the following 10% interest factors. Present Value of Ordinary Annuity Future Value of Ordinary Annuity 7 periods 4.8684 9.48717 8 periods 5.3349 11.43589 9 periods 5.7590 13.57948 If $15500 is deposited annually starting on January 1, 2020 and it earns 10%, what will the balance be on December 31, 2027? $147052 $161756 $177256 $194982 Crane Company will receive $1580000 in 8 years. If the appropriate interest rate is 9%, the present value of the $1580000 receipt is $792955. $3148245. $790000. $2370000. Save for Later Attempts: 0 of 2 used Submit