Paul and Karen Garfield invested $6,000 in a savings account paying 4% annual interest when their daughter, Angela, was born. They also deposited $1,000 on each of her birthdays until she was 16 (including her 16th birthday). Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided) How much was in the savings account on her 16th birthday after the last deposit? (Round answer to 2 decimal places, es 25.25) Amount on 16th birthday $ Carla Vista Co. is considering investing in an annuity contract that will return $32,000 annually at the end of each year for 12 years Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. What amount should Carla Vista Co pay for this investment if it earns an 8% return? (Round answer to 2 decimal places, es. 25.25) Carla Vista Co, should pay $ 19822080