You plan to deposit $2,200 per year for 5 years into a money market account with an annual return of 3%. You plan to make your first deposit one year from today.
What amount will be in your account at the end of 5 years? Round your answer to the nearest cent. Do not round intermediate calculations.
$
Assume that your deposits will begin today. What amount will be in your account after 5 years? Round your answer to the nearest cent. Do not round intermediate calculations.
$