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Question Help Future value. Jack and ll r aving for a rainy day and decide to put $55 away in their local bank every yoar

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Question Help Future value. Jack and ll r aving for a rainy day and decide to put $55 away in their local bank every yoar for the next 30 years The local Up the-Hil Bak w pay them 9% on their account. a. If Jack and Jill put the money in the account faithfully at the end of every year, how much will they have in it at the end of 30 years? b. Unfortunately, Jack had an accident in which he sustained head injuries after only 10 years of savings. The medical bill has come to $700. Is there enough in the rainy-day fund to cover it? a. If Jack and Jill put the money in the account faithfully at the end of every year, how much wll they have in it at the end of 30 years? s7,496.91 (Round to the nearest cent.) b. How much will they have in the account at the end of 10 years (Round to the nearest cent.) ules

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