Problem $6-7$ Calculating Annuity Values $[$LO$1]$

You plan to deposit $$5,200$ at the end of each of the next $25$ years into an account

paying $10\mathrm{.}3$ percent interest.

a$.$ How much money will you have in the account in $25$ years? $($Do not round

intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ How much will you have if you make deposits for $50$ years? $($Do not round

intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Answer is not complete.

a$.$ Future value of $25$ deposits

b$.$ Future value of $50$ deposits