If you deposit $1,000 each year in a savings account earning 4%, compounded annually, how much will you have in 10 years? After graduation, you plan to invest $400 per month in the stock market. If you earn 12% per year on your stocks, how much will you have accumulated when you retire in 30 years? You are planning your retirement and you come to the conclusion that you need to have saved $1, 250,000 in 30 years. You can invest into a retirement account that guarantees you a 5% annual return. How much do you have to put into your account at the end of each year to reach your retirement goal? You set up a college fund in which you pay $2,000 each year at the beginning of the year. How much money will you have accumulated in the fund after 18 years, if your fund earns 7% compounded annually