1.(Future value) Selma and Patty Bouvier are twins and both work at the Springfield DMV . Selma and Patty Bouvier decide to save for retirement, which is 35 years away. Theyll both receive an 8 percent annual return on their investment over the next 35 years. Selma invests $2000 per year at the end of each year only for the first 10 years of the 35-year period for a total of $20,000 saved. Patty doesnt start saving for 10 years and these saves$2000 saved. How much will each of them have when they retire?

2.Bowflex'stelevision ads say you can get a fitness machine that sells for $999 for $33 a month for 36 months. What rate of interest are you paying on this Bowflex loan?(use mathematical formulas)