Deposit ?into an account

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You can deposit ?$14,000 into an account paying 15?% annual interest either today or exactly 5 years from today. How much better off will you be at the end of 20 years if you decide to make the initial deposit today rather than 5 years from? today?

The future value at the end of

20 years if you deposit $14,000 at 15% today is ___ ?(Round to the nearest? dollar.)

The future value at the end of 20 years if you deposit $14,000 at 15?% 5 years from today is ___ (Round to the nearest? dollar.)

If you invest the $14000 now instead of waiting for 5 years to make the? investment, you would be better off by ___

Reference no: EM131315805

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