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Help You want to go to Europe 5 years from now, and you can save $3,500 per year, beginning one year from today. You plan

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You want to go to Europe 5 years from now, and you can save $3,500 per year, beginning one year from today. You plan to deposit the funds in a mutual fund that you think will return 11.5% per Under these conditions, how much would you have just after you make the 5th deposit, 5 Your answer should be between 18,055.00 and 24,575.00, rounded to 2 decimal places, with no special characters DQuestion 8 5 pts Your father is about to retire, and wants to buy an annuity that will provide him with $50000 of income per year for 25 years, beginning a year from today. The going rate on such annuities is 5.60%. How much would it cost him to buy such an annuity today? Your answer should be between 458,000.00 and 760,000.00, rounded to 2 decimal places, with no special characters

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