Question Help (Compound annuity) You plan on buying some property in Florida 10 years from today. To do this you estimate that you will need $30,000 at that time for the purchase. You would like to accumulate these funds by making equal annual deposits in your savings account, which pays 7 percent annually. If you make your first deposit at the end of this year, and you would like your account to reach $30,000 when the final deposit is made, what will be the amount of your deposits? The amount of your end-of-year deposits will be $ (Round to the nearest cent.) Problem 5-37 (similar to) Question Help (Solving for r in an annuity) Your folks just called and would like some advice from you. An insurance agent just called them and offered them the opportunity to purchase an annuity for $8,625.15 that will pay them $1,000 per year for 20 years, but they don't have the slightest idea what return they will be making on their investment of $8,625.15. What rate of return will they be earning? The annual rate of return they will be earning is % (Round to two decimal places) HIUDICIU-17 ( S arto) Question Help (Solving for n) Jack asked to marry him, and she has accepted under one condition: Jack must buy her a new $330,000 Rolls-Royce Phantom. Jack currently has $45,500 that he may invest. He has found a mutual fund with an expected annual return of 5.1% in which he will place the money. How long will it take Jack to win Jills hand in marriage? Ignore taxes. The number of years it will take for Jack to win Jill's hand in marriage is years. (Round to one decimal place.)