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Eva will put $5,000 in her tax deferred retirement account each year beginning one year from today and continuing for a total of 25 years.

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Eva will put $5,000 in her tax deferred retirement account each year beginning one year from today and continuing for a total of 25 years. if her investinent earns 6.00x per vear, how much will she have at the end of 25 years? Round your answer to the nearest penny. For example, $2,371.243 should be entered as 2371.24 Type your answer. 2points Identify the correct formula used in the previous problem. FV=85,000(0.06(1.06)21)FV=85,000(0.06(1.00)21)(1.06) FV=85,000[(t+285)12151]PV=$5,000[0.061(0.00)(1.06)21]PV=85,000[0.01(0.00)(1.06)21)(1.06) PV=85,00018151(3)(1+111)11+1)

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