Future value with periodic rates Denise has her heart set on being a millionaire. She decides that at the end of every year she will put away $5,000 into her " want to be a millionaire account at the local bank. She expects to eam 6% anually on her account a How many years must Denise fattuly put wy her money to succeed at becoming a millionaire b. I Denise wiches to a monthly savings plan and puts one-twifth of the $5,000 away each month (541667), how much is she have in yours at the 6% APRO c. Way is the future ww under the monthly savings plan more than the $1,000,000 goal? Now let's assume Donse in now thuity five years old and then has thirty years for saving toward her one million dollar goat She anticipates an APR o B on the investments d. How much does she need to save each year to become a millionaire by agentyfive she puts money www e. How much does she need to save if she puts money way monthly? 1. Why does it take more per months when she s putting money anayehan when she was eating a lower rate of 6% over the year? see