Question $10(8$ points$)$

You deposit $$78,465$ in your account today. You make another deposit at $t=1$ of $ $56,948.$ How much will there be in your account at the end of year $2$ if the interest rate is $18$ percent p$.$a$.?($Record your answer without a dollar sign, without commas and round your answer to $2$ decimal places; that is$,$ record $$3,245\mathrm{.}847$ as $3245\mathrm{.}85).$

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Question $11(8$ points$)$

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Your account pays interest at $5$ percent p$.$a$..$ You deposit $$12,698$ in it today. You must have exactly $$71,304$ in the account at the end of two years. What should you do at the end of the first year $($that is$,$ what dollar amount must you deposit$)$ to ensure this? $($Record your answer without a dollar sign, without commas and round your answer to $2$ decimal places; that is$,$ record $$3,245\mathrm{.}847$ as $3245\mathrm{.}85).$

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