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sally medavoy will invest 7200 a year for 20 years in a fund that will earn 11% annual interest. if the first payment into the

sally medavoy will invest 7200 a year for 20 years in a fund that will earn 11% annual interest. if the first payment into the fund occurs today, what amount will be in the fund 20 years? if the payment occurs at year-end, what amount will be in the fund in 20 years? (round factor values to 5 decimal places, e.g. 1.25124 and final to 0 decimal places, e.g. 458,581.) first payment today = ? first payment at year-end = ?

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