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If you deposit $5,000 in a bank account that pays 11% interest annually, how much will be in your account after 5 years? Do not

If you deposit $5,000 in a bank account that pays 11% interest annually, how much will be in your account after 5 years? Do not round intermediate calculations. Round your answer to the nearest cent.

and

What is the present value of a security that will pay $31,000 in 20 years if securities of equal risk pay 9% annually? Do not round intermediate calculations. Round your answer to the nearest cent.

Thank you will thumbs up for both

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