Question: Problem 6-7 Calculating Annuity Values (LO1] You plan to deposit $4,700 at the end of each of the next 20 years into an account paying

Problem 6-7 Calculating Annuity Values (LO1] You plan to deposit $4,700 at the end of each of the next 20 years into an account paying 10.8 percent interest. a. How much money will you have in the account in 20 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. How much will you have if you make deposits for 40 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Future value of 20 deposits b. Future value of 40 deposits

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