1. You can purchase a service contract for all of your major appliances for $180 per year. If the appliances are expected to last for 8 years and you earn 4% on your savings, what would be the future value of the amount you will pay for the service contract? 2. If a person saves $50 per month by using coupons and doing comparison shopping: a. What is the total amount saved for a year? b. What would be the future value of this annual amount over 10 years, assuming an interest rate of 4%