The following set-up pertains to questions 17-19 You are considering two different strategies for a savings account that you intend to close when you retire exactly 26 years from today. For Strategy 1, deposit $270 per month for 5 years (first deposit today; last one exactly 5 years from today); no new deposits will be made after the end of the deposit period, but interest continues to accrue until the account is closed. For Strategy 2, you'll make your first monthly deposit exactly 5 years from today, each monthly deposit also equals $270 , and you'll continue making monthly deposits for 21 years, so that you make the final deposit exactly 26 years from today when you close the account. The savings rate always is 4.60% compounded monthly. 17. FV4am Compare FV from two different retirement strategies How much does Strategy 1 accumulate at the end of the 5th year? a. $19,125 e. $18,175 c. $18,225 d. $18,515 b. $18,120 18. FV4bm Find FV from first of two different retirement strategies How much does Strategy 1 accumulate at the time of retirement? d. $48,557 a. $53,413 e. $36,482 b. $44,143 c. $40,130 19. FV4cm Find FV from second of two different retirement strategies How much does Strategy 2 accumulate at the time of retirement? b. $86,396 e. $95,036 a. $126,492 $104,539 c. $114,993 d