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Exercise 5-8 (Algo) Future value; compound Interest [LO5-7) Wiseman Video plans to make four annual deposits of $2.250 each to a special building fund. The

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Exercise 5-8 (Algo) Future value; compound Interest [LO5-7) Wiseman Video plans to make four annual deposits of $2.250 each to a special building fund. The fund's assets will be invested in mortgage instruments expected to pay Interest at 12% on the fund's balance. FV of $1. PV of $1. EVA of $1. PVA of $1. FVAD of S1 and PVAD of $1) (Use appropriate foctor(s) from the tables provided.) Determine how much will be accumulated in the fund on December 31, 2024 after four years, under each of the following situations. 1. The first $2.250 annual deposit is made at the end of each of the four years on December 31, 2021, and interest is compounded annually 2. The first $2250 annual deposit is made at the beginning of each of the four years on December 31, 2020. and interests compounded annually. 3. The first $2.250 annual deposit is made at the beginning of each of the four years on December 31, 2020, and interest is compounded quarterly 4. The first $2.250 annual deposit is made at the beginning of each of the four years on December 31, 2020 interest is compounded annually and interest earned is withdrawn at the end of each year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required] Required 4 The first $2,250 deposit is made on December 31, 2020. and interest is compounded quarterly. (Pound your final answers to nearest whole dollar amount.) Deposit Date Deposit 12/31/2020 19/31/2020 12/31/2022 12/31/2023 34 34 394 999 10 10 10 2.250 2.250 2250 2.250 Fund Balance 12/31/2024 2.250 4.70 7.839 10341 25.500 16 Required 1 Required 2 Required 3 Recull- The first $2,250 deposit is made on December 31, 2020, interest is compounded annually and the end of each year Deposit Amount 2.250 No. of Payments Interestiert in Fund Fund Balance 12/31/2024 9.000

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