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On January 1, 2018, you deposited $5.300 in a savings account The account will earn 8 percent annual compound interest, which will be added
On January 1, 2018, you deposited $5.300 in a savings account The account will earn 8 percent annual compound interest, which will be added to the fund balance at the end of each year Required: 1. What will be the balance in the savings account at the end of 8 years? 2. What is the total interest for the 8 years 3. How much interest revenue did the fund earn in 2018 and in 2019 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What will be the balance in the savings account at the end of 8 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 answer to 2 decimal places) Barance in the Savings Account 5. Required S Required 2 >
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