#1 Derek decides to buy a new car. The dealership offers him a choice of paying $586.00 per month for 5 years (with the first payment due next month) or paying some $28,972.00 today. He can borrow money from his bank to buy the car. What interest rate makes him indifferent between the two options? Submit Answer format: Percentage Round to: 3 decimal places (Example: 9.243%, % sign required. Will accept decimal format rounded to 5 decimal places (ex: 0.09243) e unanswered not submitted Attempts Remaining: Infinity #2 Derek wants to withdraw $14,380.00 from his account 6.00 years from today and $13,142.00 from his account 10.00 years from today. He currently has $2,767.00 in the account. How much must he deposit each year for the next 10.0 years? Assume a 6.59% interest rate. His account must equal zero by year 10.0 but may be negative prior to that Submit Answer format: Currency: Round to: 2 decimal places. C unanswered not submitted Attempts Remaining: Infinity