me X use Question 18 of 28 - Ch. 14 EOC up Stacked $10000 $10400 $10816 $11249 Initial deposit X Set the initial deposit to $16k, the annual interest rate to , and years to compound to 10. Increasing the present lue from $16k to $18k will increase the future value in 10 ars by: Search 1 year 2 years later later num Alter the bar interactive graph in order to witness how changing variables in the compounding formula can change the future value of an investment. Use the insights to answer the question. a. If starting at t 1, increasing t by one year multiplies the present value by 8^ 3 years later 9 $12167 powered by 5 yearsnos later Resources Carev C