Details You deposit $1000 each year into an account earning 5% interest compounded annually. How much will you have in the account in 35 years? $ Question Help: Video 1 Video 2 Message instructor Submit Question Question 5 0/12 pts 100 Details A man wants to set up a 529 college savings account for his granddaughter. How much would he need to deposit each year into the account in order to have $70,000 saved up for when she goes to college in 18 years, assuming the account earns a 4% return. Annual deposit: $ Question Help: Video Message instructor Submit Question Question 6 0/12 pts 100 ✪ Details A company has a $110,000 note due in 7 years. How much should be deposited at the end of each quarter in a sinking fund to pay off the note in 7 years if the interest rate is 11% compounded quarterly? Question Help: Message instructor Submit Question Question 7 0/12 pts 100 Details A firm needs to replace most of its machinery in 5 years at a cost of $320,000. The company wishes to create a sinking fund to have this money available in 5 years. How much should the monthly deposits be if the fund earns 10% compounded monthly?