If you deposit $53,246 annually at the end of every year in a bank account...
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Accounting
If you deposit $53,246 annually at the end of every year in a bank account paying 10% annually, how much would you have saved at the end of six years? Use the future value or present value tables in Appendix G to calculate your answer. Round your answer to the nearest one dollar. Question 2 2.5pts If you want to have $14,415 in fifteen years, how much do you need to deposit in a bank account today? Assume that the annual interest rate is 10% compounded annually. Use the future value or present value tables in Appendix G to calculate your answer. Round your answer to the nearest one dollar
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