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Question 1 (1 point) You want to have $20,000 available at the end of five years. How much would you need to deposit at
Question 1 (1 point) You want to have $20,000 available at the end of five years. How much would you need to deposit at the end of each year in an account earning 8 percent interest to make this possible if the interest is compounded annually (Enter the final answer as a positive number and round your answer to 2 decimals)? Your Answer: Answer Question 2 (1 point) You plan to deposit $3,000 at the end of each year in an account that pays 9% interest per year. How much will the account be worth at the end of 5 years (Enter the final answer as a positive number and round your answer to 2 decimals)? Your Answer: Answer
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