1. You estimate that you can save $3,800 by selling your home yourself rather than using a real estate agent. What would be the future value of that amount if invested for five years at 9 percent?
2. Javier is currently paying ?$1,200 in interest on his credit cards annually.? If, instead of paying? interest, he saved this amount every? year, how much would he accumulate in a? tax-deferred account earning 7 percent over 12?, 17?, or 22 ?years?
Question - If, instead of paying? interest, this amount was saved every year in a? tax-deferred account earning 7 percent over 12 years, the amount accumulated would be ?$ ?(Round to the nearest? dollar.)