Question: 1 . In order to have $ 3 9 8 , 7 2 1 in 2 6 years, how much needs to be deposited each

1.In order to have $398,721 in 26 years, how much needs to be deposited each month into a bank account whose annual rate is 1.7% with monthly compounding? 2. Each day, you deposit $3.27 into a bank account whose annual rate is 2.5% with daily compounding. How much interest will you have earned after 11 years?

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