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part 2 If you invest $10,000 today in a savings account that earns 10% interest, compounded annually, how much would be in the account at
part 2
If you invest $10,000 today in a savings account that earns 10% interest, compounded annually, how much would be in the account at the end of 10 years? (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor from the PV tables. Round your final answer to nearest dollar amount.) O $135,437 O $25,937 O $3.855 O $86,784 How much would you need to deposit in a savings account that earns 12%, compounded annually, to withdraw $31,000 eight years from now? (Future Value of $1, Present Value of $1, Future Valiue Appuity of $1, Present Value Annuity of $1.) (Use appropriate factor from the PV tables. Round vour final answer to the nearest whole dollar amount.) O $12,521 O $27,321 O $77,500 O $27,413Step by Step Solution
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