- Suppose that you start with $5000 and save $100 per month, for 20 years, in an account that earns 4% interest compounded monthly. How much will the account hold in 2032?
- Suppose that you buy 5000 lottery tickets tomorrow, then 100 tickets per month, from now until 2032. How many tickets will you buy?
Answer these questions to receive Part 2 of this assignment.