Question $3$

$5$ pts

THIS PROBLEM HAS $2$ QUESTIONS. EACH QUESTION HAS $4$ POSSIBLE ANSWERS. THERE IS A DROPDOWN MENU FOR EACH QUESTION.

You are planning to buy your first house in $5$ years. You want to save for the down payment. So$,$ you make two deposits in a savings account paying an interest rate of $8\%$ at your local Credit Union. The first deposit is made today, and the second deposit is made one year from now. How much money have you accumulated at the end of $5$ years? Calculate the FV at $t=5.$

Question $1$: The $1$st deposit is $$25,000$ and the $2$ nd deposit is $$50,000.$ The future value at $t=5$ is

Question $2$: The $1$ st deposit is $$50,000$ and the $2nd$ is $$25,000.$ The future value at $t=5$ is

Question $3$

$5pts$

THIS PROBLEM HAS $2$ QUESTIONS. EACH QUESTION HAS $4$ POSSIBLE ANSWERS. THERE IS A DROPDOWN MENU FOR EACH QUESTION.

You are planning to buy your first house in $5$ years. You want to save for the down payment. So$,$ you make two deposits in a savings account paying an interest rate of $8\%$ at your local Credit Union. The first deposit is made today, and the second deposit is made one year from now. How much money have you accumulated at the end of $5$ years? Calculate the FV at $t=5.$

Question $1$: The $1$ st deposit is $$25,000$ and the $2$ nd deposit is $$50,000.$ The future value a $t=5$

$v[$ Select $]$

$FV=$$$102,450$

$FV=$$$104,758$

$FV=$$$104,738$

$FV=$$$106,591$