Use the following information about to help answer problems 19-20 TIME 0 2 3 5 $ 2,200.00 222 $ 3,279.58 Next Year (T1), you will deposit $2,200.00 in a savings account. Over the short term, you will increase the amount you deposit each year by a constant growth rate (gST) for each of the next 4 years so that at the end of year 5 (T-5) you will make a deposit of $3279.58. Over the long term, you will increase the amount you deposit each year by a constant growth rate (gLT) of 5.0% beginning in year 6 (T-6) The appropriate discount rate to use for all future cash flows (also the rate you earn each year on your savings) is assumed to be 150% 19. The deposit you will make at the end of year 4 ( 4) is closest to: a. $2,928 b. $3,091 c. $3,346 d. $3,462 e. $3,848 at 20. The $2,200 deposit you m ade at the end of year 1 (T-1) has a future value closest to the end of year 6 (T-6). a. $2,807 b. $3,444 c. $3,877 d. $4,040 e. $4,425 21. Ignore the first five cash flows (T-1 through T-5). Today (T-O), the present value of all the future cash flows beginning in year six (T=6) is closest to: a. $1,353 b. $1,482 c. $1,556 d. $1,660 e. $1,705