Seven years ago Miranda began depositing $1,600 at the beginning of each month into an account. The interest rate was 3.42% compounded monthly. Answer the following questions, and round all answers to two decimal places where necessary. Choose BGN or END 2 1) What is the present account balance? P/Y C/Y - N= 1/Y - % PV = $ PMT - $ FV - $ 2) If she stops making deposits immediately, how much will be in the account in seven and a half years from now, if the interest rate remains the same (3.42% compounded monthly)? P/Y = CNY - N- 1/Y - 96 PV = $ PMT = $ FV = $