You need $42,000 in eleven years. Eastern bank pays 7.2% compounded annually. You will receive a dividend of $14,000 one year from now and you will save it in the Eastern bank. The amount of money that you need to save today in the Eastern bank is closest to: 6,500 dollars 7,500 dollars 8,500 dollars You need $42,000 in eleven years. Eastern bank pays 7.2% compounded annually. You will receive a dividend of $14,000 one year from now and you will save it in the Eastern bank. The amount of money that you need to save today in the Eastern bank is closest to: 6,500 dollars 7,500 dollars 8,500 dollars