Question: please show work nd answer both problems. Assume that you deposit $ 6,349 each year for the next 15 years into an account that pays

please show work nd answer both problems. please show work nd answer both problems. Assume that you deposit $

Assume that you deposit $ 6,349 each year for the next 15 years into an account that pays 14 percent per annum. The first deposit will occur one year from today (that is, at t = 1) and the last deposit will occur 15 years from today (that is, at t = 15). How much money will be in the account 15 years from today? (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign). Your Answer: Answer Question 5 (6.66 points) Assume that you deposit $ 748 into an account that pays 14 percent per annum. How much money will be in the account 12 years from today? (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign). Your

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