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You invested $2,978 invested for 10 years. What is the future value of your investment if the interest rate is 5 percent compounded annually? $7,724.17

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You invested $2,978 invested for 10 years. What is the future value of your investment if the interest rate is 5 percent compounded annually? $7,724.17 $7.901.52 $4,850.85 $6.335.55 $7118.62 You need to have $2,500 for a down payment on a car in 6 years. If you can earn an annual interest rate of 4.25 percent, how much will you have to deposit today? $1,912,84$1.940.27$1,897.84$1,947.53$1,987.04

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