Insert Format Tools Table Window Help yout References Mailings Review View AaBbCcDdE AaBbCcDdE AaBbCcL Normal No Spacing Heading 6) You have two major expenses to take care of in the future: $5,000 three years from now and $20,000 five years from now. How much should you save and put aside today in order to have enough money to exactly take care of those two expenses in the future? Assume that you can invest your savings at the annual rate of 8.5% (annual compounding). A) $17,215.44 B) $25,000 C) $15,567.89 D) $19,107.39 14) In a growing midwestem town, the number of eating establishments was 273 at the end of the first year and 344 at the end of the fifth year. From the end of year 1 to the end of year 5, the number of eating establishments grew at a rate of compounded annually. a. b. c. d, e. 3.45% 4.15% 5.95% 675% 8.25% English (US) Track Changes: Of