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2 Question 2 (1 point) Listen Ceaser wants to travel Europe in 3 years. He estimates he will need $6,000 for the trip. Assume
2 Question 2 (1 point) Listen Ceaser wants to travel Europe in 3 years. He estimates he will need $6,000 for the trip. Assume he can earn 4% interest annually. What must Ceaser deposit today to accumulate $6,000 in 3 years? Enter your answer rounded to 2 decimal places, ex. 4566.35 Your Answer: Answer Question 3 (1 point) Listen You have to make a balloon payment on a loan in 6 years in the amount of $30,000. If money can earn an average of 6% a year for the 6 year period, how much will you have to place in an account today to have the $30,000 in 6 years? Enter your answer rounded to 2 decimal places, ex. 4566.35 Your Answer:
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