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For each of the following annuities, calculate the future value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
For each of the following annuities, calculate the future value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Future Value Years Interest Rate Annual Payment $ 1,340 10 9 % 5,220 36 10 3,220 9 7 $ 7,850 30 11 Assume you deposit $5,400 at the end of each year into an account paying 10.5 percent interest a. How much money will you have in the account in 17 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 34 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Future value b. Future value
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