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
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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