(Solved): Harry Taylor plans 10 pay an ordinary annuity of $5.500 annunlly for ton years so he can take a yea ...

Harry Taylor plans 10 pay an ordinary annuity of $$\$5.500$$ annunlly for ton years so he can take a year's sabbatical to study for a master's dogree in business. The annual rate of interest is 3.6\%. How mwch will Harry have at the end of thee yeart? How much interest wil he eam on the irnestment atter three years? At the end of three yeas Hatry wid havo 5 (Round to the nearest cent as neaded.