1. You are saving to buy a car, and you deposit $200 at the end of each month for two years at an APR of 4.8% compounded monthly. What is the future value for this savings arrangement? That is, how much money will you have for the purchase of the car after two years? (Round your answer to the nearest cent.) $

2.. We are considering the effects of starting early or late to save for retirement. Assume that each account considered has an APR of 6% compounded monthly. Against expert advice, you begin your retirement program at age 40. You plan to retire at the age of 65. What monthly contributions do you need to make to save up a nest egg of $187,599.63? (Round your answer to the nearest cent.) $

3.At your child's birth, you begin contributing monthly to a college fund. The fund pays an APR of 4.1% compounded monthly. You figure your child will need $30,000 at age 18 to begin college. What monthly deposit is required? (Round your answer to the nearest cent.) $ per month

4. Suppose you want to save in order to purchase a new boat. Take the APR to be 4.8%. You want to have $18,000 toward the purchase of a boat in three years. How much do you need to deposit each month? (Round your answer to the nearest cent.) $