Maria Medavoy will invest $8,450a year for15years in a fund that will earn10% annual interest.

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If the first payment into the fund occurs today, what amount will be in the fund in15years? If the first payment occurs at year-end, what amount will be in the fund in15years? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.)

First payment today$

First payment at year-end$