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You need to accumulate $10,000. To do so, you plan to make deposits of 31,350 per year - with the fitst paymient being made a
You need to accumulate $10,000. To do so, you plan to make deposits of 31,350 per year - with the fitst paymient being made a year from today - into a bank account that pays 99 annaal interest. Your last deposit will be less than $1,350 it less is needed to round out to $10,000. How many years will it take you to reach your $10,000 gool? Do not round intermed iate calculations. Round your answer up to the nearest whole number. year(s) How large will the last deposit be? Do net round intermediate calculations, Round your answer to the nearest cent: 5 You need to accumulate $10,000. To do so, you plan to make deposits of $1,350 per year - with the first payment being made a year from today - into a bank account that pays 9% annual interest, Your last deposit will be less than $1,350 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 intermed ake calculations, Round your answer up to the nearest whole number. year(s) How iorge will the last deposit be? Do not round intermediate calculations. Round your answer to the nearest cent. 5
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