3. Kim just got a job. She is so happy that she decided to reward herself by purchasing a rare 1980 blue YUGO. TA-R-US used cars has given her the option of paying $14,000 now or making 8 annual payments of $2,000 starting in exactly 1 year. The interest rate is 9%. Which plan should Kim choose? 4. Emma's goal in life is to own a ballet studio. Kenzie currently owns a studio, but she has plans to sell it. Emma agreed to pay Kenzie $3,000,000 5 years from today to acquire the studio. How much will Emma need to invest at 6% today to have enough money in 5 years