If you deposit $1,000 at the end of each year in a savings account earning 4 percent annually, how much will you have in 10 years? If we need $8,000 in 6 years (and the discount rate is 10%), how much should be deposited each year? Calculate the present value of a $100 annuity received annually for 10 years when the discount rate is 6%. Suppose Sparco decides that they need to have $5,300 after eight years. How much will they have to deposit at the end of each year to accumulate this amount. Interest rate is 5 %