The Federal Reserve Question 7 options: was created in 1836. serves as a lender of last resort. was created to facilitate the federal government's collection of taxes as well as its expenditures. All of the above are correct.

Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?