Question: 1. 2. please answer both the questions Suppose you will receive payments of $19,000, $19,000, and $17,000 in 2, 5, and 9 year(s) from now,
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please answer both the questions
Suppose you will receive payments of $19,000, $19,000, and $17,000 in 2, 5, and 9 year(s) from now, respectively. What is the total future value of all payments 10 years from now if the interest rate is 11%? Enter your response below rounded to 2 decimal places. Number If you invest $2,000 into a savings account that yields quarterly compound interest with an annual interest rate of 7%, how much will you have in the savings account after 5 years? Enter your response below (rounded to 2 decimal places). Number
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