Donald Martin is planning to invest $29,000 today in a mutual fund that will provide a return of 10 percent each year. What will be the value of the investment in 10 years? (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.) Value of investment after 10 years

Debra King received a graduation present of $1,000 that she is planning on investing in a mutual fund that earns 15.50 percent each year. How much money will she have in three years? (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.)

Value of investment after 3 years