Question: 1. Three parts please Time value Personal Finance Problem You can deposit $5,000 into an account paying 5% annual interest either today or exactly 10

1.

Three parts please

1. Three parts please Time value Personal Finance Problem You can deposit

Time value Personal Finance Problem You can deposit $5,000 into an account paying 5% annual interest either today or exactly 10 years from today. How much better off will you be 20 yea from now if you decide to make the initial deposit today rather than 10 years from today? The future value at the end of 20 years if you deposit $5,000 at 5% today is $ (Round to the nearest dollar.)

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