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  3. on january 1, 2021, you deposited $6,400 in a savi

On January 1, 2021, you deposited $6,400 in a savings account. The account will earn...

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Accounting

imageimageimage On January 1, 2021, you deposited $6,400 in a savings account. The account will earn 11 percent annual compound interest, which will be added to the fund balance at the end of each year. Required: 1. What will be the balance in the savings account at the end of 7 years? (Future Value of $1,Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) Note: Use appropriate factor(s) from the tables provided. 2. What is the total interest for the 7 years? (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) Note: Use appropriate factor(s) from the tables provided. 3. How much interest revenue did the fund earn in 2021 and in 2022 ? Complete this question by entering your answers in the tabs below. What will be the balance in the savings account at the end of 7 years? Note: Round your final answer to 2 decimal places. Complete this question by entering your answers in the tabs below. What is the total interest for the 7 years? Note: Round your intermediate and final answer to 2 decimal places. Complete this question by entering your answers in the tabs below. How much interest revenue did the fund earn in 2021 and in 2022 ? Note: Round your final answers to 2 decimal places

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