On January 1, 2018. you deposited $5,500 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 7 years? 2. What is the total interest for the 7 years? 3. How much interest revenue did the fund earn in 2018 and in 2019? #5.04 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the total interest for the 7 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 intermediate and final answer to 2 decimal places.) Total Interest re to search TABLE 11.1A Future Value of $1 so.uno Periods 28 3 3.78% 4% 4.25% 0% 0% 7% 8% 0 10000 10000 10000 10000 10000 10000 10000 10000 10000 10200 10300 10375 10400 10425 10500 10600 10700 10800 10404 10609 10764 10816 10868 11025 11236 11449 11664 3 10612 10927 1768 1124911330 11576 11910 12250 12597 10824 11255 11587 11699 11811 12155 12625 13108 5 11041 11593 12021 12167 12313 12763 13382 1.4026 1.4693 6 11262 11941 12472 12653 12837 13401 14185 15007 15869 11487 12299 12939 1.3159 13382 14071 15036 16058 17138 1171712668 13425 13686 13951 14775 15938 17182 18509 11951 13048 13928 1423314544 15513 16895 18385 19990 10121901343954450 14802 15162 16289 17906 19672 21589 20 14859 18061 208822191 2.2989 26533 3207138697 46610 Periods of 10% 11% 12% 13% 14% 15% 20% . 10000 10000 1000 10000 10000 10000 10000 10000 10900 11000 11100 11200 11800 11400 11500 12000 12500 118 12100 123212544 1276912996 1322514400 15625 12950 1330 13676 140191442914815 1520917280 19531 1.4541 1515735153051689017490 20736 24454 1538515105 1 752318424 19254201142 310518 167711716049732082022195031312986038147 . 1932232352263525 3 299859005 DE 2005 1707 3