Mr. Hickory has $280,000 today. How much can he withdraw at the end of each year for the next 24 years if a 4.7% interest rate can be earned annually on the accounts remaining balance? A. $18,819.28 B. $12,215.00 C. $35,129.11 D. $19,703.79 E. $6,543.79

You deposited $3,200 at the Juniper Credit Union on January 1, 2021. You plan to add to the account by depositing $3,500 on January 1, 2022 and $3,900 on January 1, 2023. If the credit union pays 4.3% in interest each year on the accounts growing balance, how much money do you expect to have by the time the institution closes for the day on December 31, 2023?

• A. $11,570.11
• B. $12,027.04
• C. $11,031.62
• D. $10,197.29
• E. $11,505.98