Question: Please help me to get a solution for these two problems. Thank you so much. . . . . . . . . . -/1

Please help me to get a solution for these two problems. Thank you so much. . . . . . . . . .

-/1 points HarMathAp12 My N What lump sum do parents need to deposit in an account earning 5%, compounded monthly, so that it will grow to $100,000 for their son's college fund in 16 years? ( Round your answer to the nearest cent.) Need Help? Read It Watch it Talk to . Tutor -/1 points HarMathAp12 6.2.013. My Notes What present value amounts to $10,000 if it is invested for 10 years at 8% compounded annually? (Round your answer to the nearest cent.) Need Help? Read It Watch it Talk to a Tutor MacBook Air DII F esc 20 F3 888 F5 27 F12 F6 @ A & A LO St 8 9 0 N 6 W E R U P K A S F H X V B N M

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