On december 30, you decide to make a $1,800 charitable donation.

a. if you are in the 20.5 percent federal tax bracket, how much will you save in taxes for 2019? assume amount in excess of $200 do not exceed 75 percent of net income.

tax savings for the current year?

b. if you deposit that tax savings in a savings account for the next 7 years at 9%, what is the future value of that account?

future value tax savings?