You have just received an inheritance of $3,400. If you deposit the $3,400 into a savings account that earns an interest rate of 11%, compounded annually, how much will you have in the savings account after 20 years? Enter your response below rounded to 2 decimal places. Suppose you will need $32,000 in 15 years. If your bank compounds interest at an annual rate of 6%, how much will you need to deposit into your account 4 year(s) from now to reach your goal? Enter your answer rounded to two decimal places. If you invest $3,500 into a savings account earning simple interest of 14% per year, how much will you have after 18 years? Enter your response below. You currently have $70,000 in your bank account and you will need a total of $90,000 in 9 years to pay for a down payment on a house. What interest rate do you need to earn in order to have $90,000 in your bank account 9 years from now? Enter your answer as a percentage rounded to 2 decimal places. Do not include the percentage sign in your answer. Enter your response below. %