Question

No.1 Beginning one year from now, six annual deposits of $2,000 each will be made into...

No.1

Beginning one year from now, six annual deposits of $2,000 each
will be made into an account paying 8%.
What will be the balance in the account after the sixth deposit?

No.2

What amount must be deposited at 10% in an account on January 1, 2019 if it is
desired to make equal annual withdrawals of $5,000 each beginning on Janaury 1, 2020?
The last withdrawal will occur on January 1, 2023.
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