1. Replace Car in 5 Years: Today's price of the car you want is $20,000 but in 5 years (with 2% annual inflation) the cost will be (a) Assume that in 5 years the trade-in value of your existing car will be $4,000. This means that the amount you need to save in the next 5 years is (b)_ Assuming that the rate of return is 4% on money you're saving for your car, find the following: If you were to invest one lump sum now (that will grow to (b)) and interest is compounded annually, the lump sum you need to invest now is (C). If you are going to set aside the same amount each month (that will grow to (b)) and interest is compounded monthly, your monthly payment needs to be (d). [Show all work]