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uture value. Jack and Jill are saving for a rainy day and decide to put $55 away in their local bank every year for the

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uture value. Jack and Jill are saving for a rainy day and decide to put $55 away in their local bank every year for the nexd 20 years. The local Up-the-Hill Bank will pay them 7 . on the Acount. 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 ond of 20 years? 9. Unfortunately. Jack had an accident in which he sustained head infuries after only 10 years of savings. The medical bit has come fo 5800 . is there enough in the rainy-day find fo coner 1 ? a. If Jack and 9 is put the money in the account faithlully at the end of every year, how much will they have in it at the end of 20 years? (Round to the nearest cent.)

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