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(i) As a savings plan for college, the Poland”s deposited

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(i) As a savings plan for college, the Poland’s deposited $10,000 in an account paying 8% compounded annually when their son Nathan was born. How much will the account be worth when Nathan is 18 years old?
(ii) All American Supply, Inc., deposited $500,000 in an account earning 12% compounded monthly. This account is intended to pay for the construction of a new warehouse. How much will be available for the project in years?

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(i) As a savings plan for college, the Poland”s deposited

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