ily stored on your computer. Save from the Future Value Interest Table Interest Factors Periods 8 9 10 11 12 13 14 15 16 17 18 4.50 5.000 5.50 1.3609 1.4071 1.4547 1.4221 1.4775 1.5347 1.4861 1.5513 1.6191 1.5530 1.6289 1.7000 1.6229 1.7103 1.8021 1.6959 1.7959 1.8832 1.7722 1.6856 1.9868 1.8519 1.97992.0961 1.9353 2.0789 2.2114 2.0224 2.2829 2.3553 2.1134 2.2920 2.4848 2.2085 2.4066 2.6215 2.3079 2.5270 2.7656 2.4117 2.6533 2.9178 2.5202 2.7860 3.0782 2.6337 2.9253 3.2475 2.75223.0715 3.4262 6.00% 6.50 7.009 7.50 8.00% 8.50 9.00 1.5036 1.5540 1.6050 1.6500 1.7118 1.7701 1.6280 1.5938 1.6550 1.7182 1.7835 1.8509 1.9206 1.9926 1.6895 1.7626 1.8385 1.9172 1.9990 2.0839 2.1719 1.7900 1.8771 1.9672 2.0610 2.1589 2.2610 2.3674 1.898) 1.9992 2.1049 2.2156 23316 2.4532 2.5804 2.0122 2.1291 2.2522 2.3818 2.5582 2.6617 2.8127 2.1329 2.2675 2.4098 2.5604 2.7196 2.8879 3.0658 2.2609 24149 2.5785 2.7524 2.9372 3.3134 3.3412 2.3966 2.5718 2.7590 2.9509 3.1722 1.3997 3.6425 2.5404 2.7390 2.9522 1.1600 3.4259 3.6087 3.9703 2.6928 2.9170 3.1588 3.4194 3.7000 4.0023 4.3275 2.8543 3.1067 3.3799 3.6758 3.9960 4.3425 4.7173 3.0256 3.3086 3.6165 3.9515 4.3157 4.7116 5.1417 3.2071 7.5236 3.6697 4.2479 4.6610 5.1120 5.6044 3.3996 3.7527 4.1406 4.5664 5.0338 5.5466 6.1058 3.6035 3.9956 4.4304 4.9089 5.4365 6.0180 6.6586 3.6197 4.2564 4.7403 5.2771 5.0715 6.5296 7.2579 19 20 21 22 23 (1) On Charles's first birthday, his parents deposited $12,000 into a savings account that earns a fixed rate of 8.50% and compounds interest annually. By Charles's 21st birthday, his account will have accumulated $........ . (Hint: Round your answer to the nearest cent.) (2) If Charles's parents had waited until his 10th birthday to make their initial deposit of $12,000 into the same account, by Charles's 21st birthday, the balance would have been S........ (Hint: Round your answer to the nearest cent.)