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please answer the questions show the formulas and explain. 1 point What is the compounded value of 1,708.26 using 6.50% growth per year for 5

please answer the questions show the formulas and explain. image text in transcribed
1 point What is the compounded value of 1,708.26 using 6.50% growth per year for 5 years? Enter your answer with four decimal places, like this: 90.1234 Type your answer. 1 point How much will $1,148 grow into if compounded 7.49% per year for 7 years? Enter your answer as a number with four decimal ploces but without the currency symbol, like this: 90.1234 Type your-answer:- 1 point You plan to deposit amounts as shown at the end of this year, and at the end of every year until five year from now, into a bank which will give you ann

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