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Please show your work! Thank you! On January 1, 2018, you deposited $5,800 in...

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Accounting

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Please show your work! Thank you!

On January 1, 2018, you deposited $5,800 in a savings account. The account will earn 8 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 5 years? 2. What is the total interest for the 5 years? 3. How much interest revenue did the fund earn in 2018 and in 2019? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What will be the balance in the savings account at the end of 5 years? (Future Value of $1, Present Value a Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. R answer to 2 decimal places.) Balance in the Savings Account

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