Attempts Keep the Highest / 3 3. Futurevalue of annuities I When equal payments are made at fixed intervals for a specified number of periods, you can treat them as an annuity You are planning to put $5,500 in the bank at the end of each year for the next eight years in hopes that you will have enough money for a down payment on a house. If you are investing at an annual interest rate of 9%, how much money will you have at the end of eight years-rounded to the nearest whole dollar? $66,116 $48,526 $60,657 $72,788 You've decided to deposit your money in the bank at the beginning of the year instead of the end of the year, but now you are making payments of $5,500 at an annual interest rate of 9%. How much money will you have available at the end of eight years-rounded to the nearest whole dollar? $60,657 $92,562 $66,116 $46,281