What is the value of the cd at the end offive years, Financial Accounting

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What is the value of the cd at the end offive years

Problem

A. You plan to invest $2,000 at the end of each of the next 25 years. If the investment account pays 7% annual interest (compounded annually), what is the investment worth at the end of 25 years?

B. You invested $5,000 into a certificate of deposit (CD) today and agreed to leave it in the CD for the next 5 years. The CD pays a 6% annual interest rate, compounded semi-annually. What is the value of the CD at the end of 5 years?

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Financial Accounting: What is the value of the cd at the end offive years

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