Question: Do not copy from anywhere. Give your own calculation. Need correct and accurate answers. If you give incorrect answers I will downvote you. No explanation

Do not copy from anywhere. Give your own calculation. Need correct and accurate answers. If you give incorrect answers I will downvote you. No explanation is required. You can answer just the exact number in the box. But make sure it is correct. Do not copy from anywhere. Give your own calculation. Need correct and

If you deposit $100 every month into an account which pays 4.9% interest, compounded monthly, how much money will you have in your account after 12 years? Round your answer to the nearest whole dollar. Suppose you were to deposit a lump sum today, instead of making monthly deposits. How much would you need to deposit today in order to end up with the same amount in the account? Round your answer here to the nearest whole dollar

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