1. Derek will deposit $4,755.00 per year for 26.00 years into an account that earns 13.00%, The first deposit is made next year. How much will be in the account 45.00 years from today? 
2. Derek will deposit $5,228.00 per year for 27.00 years into an account that earns 8.00%, The first deposit is made next year. He has $10,634.00 in his account today. How much will be in the account 49.00 years from today?
3. Derek will deposit $3,247.00 per year for 9.00 years into an account that earns 14.00%. Assuming the first deposit is made 5.00 years from today, how much will be in the account 31.00 years from today?

Answer rating: 100% (QA)

1 Investment with 13 Interest 4755 per year for 26 years Annual deposit PMT 4755 Number of years n 2... View the full answer