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Future Value. Sandra wants to deposit $ 2 0 0 each year for her son. If she places it in an investment account that averages

Future Value. Sandra wants to deposit $200 each year for her son. If she places it in an investment account that averages a 7% annual return, what amount will be in the account in 17 years? How much will she have if the account earns 8% a year?
If she places it in a savings account that pays 7 percent, the amount that will be in the account in 17 years is $ (Round to the nearest cent.)(Use your financial calculator or you may use the Financial Tables in Appendix C in computing your answer.
(Round to the nearest cent.)(Use your
If she places it in a savings account that pays 8 percent, the amount that will be in the account in 17 years is $ financial calculator or you may use the Financial Tables in Appendix C in computing your answer.
(Round to the nearest cent.)(Use your
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