20) a deposit of $820 earns interest rates of 8 percent in the first year and 11percent in the second year. what would be the second year future value? (future value: )

21) consider that you are 40 years old and have just changed to a new job. you have $154,00p in the retirement plan from your former employer. you can roll that money into the retirement plan oh the new employer. you will also contribute $7,600 each year into your new employer's plan. If the rolled-over money and the new contributions both earn an 7 percent return, how much should you expect to have when you retire in 25 years? ( Future value : )

23) Rachel purchased a $18,500 car three years ago using a 9 percent, 5 -year loan. she has decided that she would sell the car now, if she could get a price that would pay off the balance of her loan. What is the minimum price Rachel would need to receive for her car?(The minimum price: )