If you invest $8,900 per period for the following number of periods, how much would you have in each of the following instances? Use Appendix C for an approximate answer, but calculate your final answer using the formula and financial calculator methods.

a. In 7 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) future value

b. In 25 years at 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

future value