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Question 18 1 pts You deposit $3,920 per year for 13 years, beginning in one year, into an account that pays 10% percent annual interest.

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Question 18 1 pts You deposit $3,920 per year for 13 years, beginning in one year, into an account that pays 10% percent annual interest. How much will you have in your account in 13 years? DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ROUND ANSWER TO THE NEAREST DOLLAR. Question 20 1 pts Assume that you contribute $200 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $300 per month for another 20 years. Given a 9.0 percent annual interest rate, what is the value of your retirement plan after the 40 years? $136,099 None of these are correct. O $2,445,933 $1,003.053 $332,676 Question 21 1 pts If the present value of a 10-year ordinary is $5,173 and interest rates are 5.2 percent, what is the present value of the same annuity due? (ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS AND COMMAS. ROUND YOUR ANSWER TO 2 DECIMAL PLACES.)

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