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Part 1 Your grandmother has been putting $ 4 0 0 0 into a savings account on every birthday since your first ( that is

Part 1 Your grandmother has been putting $ 4000 into a savings account on every birthday since your first(that is, when you turned one). The account pays an interest rate of 9%. How much money will be in the account immediately after your grandmother makes the deposit on your 18th birthday
The amount in the account upon your 18th birthday is $.......(Round to the nearest dollar.) Part 2 Your cousin is currently 12 years old. She will be going to college in 6 years. Your aunt and uncle would like to have $ 115,000 in a savings account to fund her education at that time. If the account promises to pay a fixed interest rate of 4.1% per year, how much money do they need to put into the account today to ensure that they will have $ 115,000 in 6years? The amount they need to put away today is $....(Round to the nearest cent )
Part 3
You are offered the right to receive $1 comma 000 per year forever, starting in one year. If your discount rate is 5%, what is this offer worth to you? this offer is worth $.......(Round to the nearest cent) PLEASE ROUND TO THE NEAREST CENT

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