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kindly solve these questions both Question 8 3.85 pts You are going to save $223 at the end of each of the next 6 years
kindly solve these questions both
Question 8 3.85 pts You are going to save $223 at the end of each of the next 6 years in a bank account with a 3% interest rate. If you leave the money in the bank, how much will you have 4 years after the date of the last payment? Your answer should be entered as a positive number and rounded to the nearest dollar (no decimals, commas, or $ signs please). For example, enter $9,875.30 as 9875. D Question 9 3.85 pts What is the present value of $2,476 received in 12 years if the interest rate is 8%? Your answer should be entered as a positive number and rounded to the nearest dollar (no decimals, commas, or $ signs please). For example, enter $9,875.30 as 9875Step by Step Solution
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