On January 1,2021 , you deposited $5,900 in a savings account. The account will earn...
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On January 1,2021 , you deposited $5,900 in a savings account. The account will earn 9 percent annual compound interest, which will be added to the fund balance at the end of each year. Required: 1. What will be the balance in the savings account at the end of 3 years? (Euture Value of $1. Present Value of $1. Future Value Annuity. of \$1. Present Value Annuity of \$1.) Note: Use appropriate factor(s) from the tables provided. 2. What is the total interest for the 3 years? (Future Value of \$1. Present Volue of $1. Future Value Annulty of $1, Present Value Annuity of 51. Note: Use appropriate factor(s) from the tables provided. 3. How much interest revenue did the fund carn in 2021 and in 2022 ? Complete this question by entering your answers in the tabs below. What will be the balance in the savings account at the end of 3 years? Note: Round your final answer to 2 decimal places. On January 1, 2021, you deposited $5,900 in a savings account. The account will earn 9 percent annual compound interest, which will be added to the fund balance at the end of each year. Required: 1. What will be the balance in the savings account at the end of 3 years? (Future Value of \$1. Present Value of \$1, Future Value Annuity. of $1. Present Value Annuity of $1 ) Note: Use appropriate factor(s) from the tables provided. 2. What is the total interest for the 3 years? (Euture Value of $1. Present Value of $1. Euture Value Annuity of $1. Present Value Annulty of S1.) Note: Use appropriate factor(s) from the tables provided. 3. How much interest revenue did the fund earn in 2021 and in 2022 ? Complete this question by entering your answers in the tabs below. What is the total interest for the 3 years? Note: Round your intermediate and final answer to 2 decimal places. On January 1, 2021, you deposited $5,900 in a savings account. The account will earn 9 percent annual compound interest, which will be added to the fund balance at the end of each year. Required: 1. What will be the balance in the savings account at the end of 3 years? (Future Value of $1.Present Value of $1, Future Value Annuity. of \$1, Present Value Annuity of \$1.) Note: Use appropriate factor(s) from the tables provided. 2. What is the total interest for the 3 years? (Future Value of \$1. Present Value of \$1. Future Value Annuity of \$1, Present Value Annulty of $1. Note: Use appropriate factor(s) from the tables provided. 3. How much interest revenue did the fund earn in 2021 and in 2022 ? Complete this question by entering your answers in the tabs below. How much interest revenue did the fund earn in 2021 and in 2022? Note: Round your final answers to 2 decimal places
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