12) You plan to invest in a mutual fund " how many years will it take for your money to that earns 8.0% annually. If you invest $5,000 today, 5,000 13) You want to go to Europe 5 years from now, and you can save $3,100 per year, beginning one year from today. You plan to deposit the funds in a mutual fund that you think will return 8.5% per year. Under these conditions, how much would you have 5 years from now? 14) Suppose you are buying your first condo for $145,000, and you will make a $15,000 down payment. You have amortized mortgage at a 6% annual interest rate, with the first payment due in one month, w will your monthly payments be? arranged to finance the remainder with a 30-year, monthly payment, N- 15,000 zoco 45000