Question $11$

Partially correct

Mark $2\mathrm{.}08$ out of $8\mathrm{.}33$

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Computing Future and Present Value Under Different Investment Assumptions

When answering the following questions, round your answer to the nearest whole number.

Do not use a negative sign with your answer.

$\backslash$table$[[1.$ Stone Inc. deposits $$64,000$ today into a special fund that is needed at the end of six years.,$$,113,379],[$A financial institution serves as the fund trustee and pays $10\%$ interest on the fund balance.,,$],[$Compute the fund balance at the end of year $6$ assuming annual compounding.,,$],[2.$ On January $1$ of the current year, Southwest Inc. adopts a plan to accumulate funds for environmental,$$,597,504$