Question 6 (1 point) Saved Principal: $5000 Interest Rate: 3.75% Time: 25 years Compounded Monthly State the future account balance. Question 7 (1 point) Jeff and Amy know that in 6 years they are going to have to come up with $20,000 for the first year of their son's college. How much should they deposit in their account that yields 5% interest, compounded annually, in order to have that amount. Round to the nearest $1,000 dollars. Question 7 (1 point) Jeff and Amy know that in 6 years they are going to have to come up with $20,000 for the first year of their son's college. How much should they deposit in their account that yields 5% interest, compounded annually, in order to have that amount. Round to the nearest $1,000 dollars. Question 8 (1 point) Laura and Mike know that in 10 years they are going to have to come up with $15,000 for a deposit on a home. How much should they deposit in their account that yields 6% interest, compounded monthly, in order to have that amount. Round to the nearest $1,000 dollars