Solve for the unknown number of years in each of the following (Do not round intermediate 2 decimal places, e.g., 32.16.): Years Future Value Present Value 560 Interest Rate 7 % 810 400 21,000 1,389 1,821 289,715 430,258 Solve for the unknown number of years in each of the following (Do not round intermediate 2 decimal places, e.g., 32.16.): Years Future Value Interest Rate 7 % Present Value 560 810 400 21,000 1,389 1,821 289,715 430,258 You want to have $60,000 in your savings account 12 years from now, and you're prepared to make equal annual deposits into the account at the end of each year. If the account pays 6.4 percent interest, what amount must you deposit each year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16 Deposit am Investment X offers to pay you $4,200 per year for eight years, whereas Investment Y offers to pay you $6,100 per year for five years. a. Calculate the present value for Investment X and Y if the discount rate is 5 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate the present value for Investment X and Y if the discount rate is 15 percent. (Do n d intermediate calculations and round your answers to 2 decimal place. 32.16.) Present value of Investment X at 5 percent Present value of Investment Y at 5 percent b. Present value of Investment X at 15 percent Present value of Investment Y at 15 percent Prev