On January 1, 2016, you deposited $6,900 in a savings account. The account will earn 11 percent annual compound interest, which will be added to the fund balance at the end of each year.

1. What will be the balance in the savings account at the end of 9 years? (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your final answers to 2 decimal places.)

Balance in the Savings Account

2. What is the total interest for the 9 years? (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your final answers to 2 decimal places.)

Total Interest

3. How much interest revenue did the fund earn in 2016 and in 2017? (Round your final answers to 2 decimal places.)

2016	Interest Revenue
2017	Interest Revenue

TABLE 11.4 A Present Value of Annuity of $1 Periods 4.25% 3.75% 4% 6% 0.9804 0.9709 0.9615 0.9592 0.9524 0.9639 0.9434 0.9259 1.9416 1.9135 1.8929 1.8861 1.8594 1.8794 1,8334 1.8080 1.7833 2.8839 2.7883 2.8286 2.6730 2.7620. 2.6243 2.5771 3.8077 3.6514 3.3872 3.3121 4.7135 4,5797 44518 4.4207 4.1002 3.9927 4.2124 4.7665 4.6229 5.4172 5.6014. 5.0757 4.9173 5.2421 6.4720 6.2303 6.0579 6.0021 5.9470 5.7864. 7.3255 7.0197 6.8028 6.2098 57466 6.4632 5.9713 6.7327 6.6638 7.3513 6.2469 7.7861 2.5208 52 8.1622 8017 6.51 7.7217 8 1109 10 8.9826 8.5302 8.0109 8.2128 6.7101 13.5903 13 2944 16.3514 14,8775 13.89 12.4622 11.4699 10.5940 9.8181 15% 25% 12% 13% 14% 08550 0.9174 0.9091 0.9009 0.8929 0.8772 0.8696 08333 0.8000 1.7355 1 6901 1.5278 1.4400 1.7591 2361 2.3216 2.1065 2.5313 2.4437 2.4018 2,4869 2.2832 2.3616 2.9137 28550 2.5887 30373 2.9745 3.1699 3.2397 3.5172 36959 29906 4.2305 41114 3,997 4.4859 31611 4.7122 4.4226 4.1604 5.0330 38372 33289 44873 49676 4.1988 5.1461 5.5348 53282 5.1317 4 7716 4.0310 5.5370 5.9952 5.7590 4.1925 3.5705 52161 50188 6.4177 5.8892 5.4262 6.1446 6.2593 4.8696 7.0248 6.623 9, 1285 There is one payment each period