years needed to reach goal

how large is the last deposit

Reaching a Financial Goal You need to accumulate $10,000. To do so, you plan to make deposits of $1,500 per year with the first payment being made a year from today - into a bank account that pays 6% annual interest. Yo $1,500 if less is needed to round out to $10,000. How many years will it take you to reach your $10,000 goal? Do not round intermediate calculations. Round your answer up to the nearest whole num. year(s) How large will the last deposit be? Do not round intermediate calculations. Round your answer to the nearest cent. $