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3. You are saving for a new Harley-Davidson Forty Eight bike. You determine that you can put $3730 into a bank account with an APR

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3. You are saving for a new Harley-Davidson Forty Eight bike. You determine that you can put $3730 into a bank account with an APR of 5.2% compounded continuously, how much will you have saved after 5 years? (7 points) I 4. Suppose that you begin saving for retirement at age 25 and are planning to retire at age 67. You figure that with inflation you will need approximately $800,000 to retire comfortably. You find a retirement savings account that gives a 4.25% interest rate. What should be your yearly contributions to achieve your retirement goal? (7 points) 5. You invest $2100 in a savings account with APR of 3.0% compounded weekly. How much do you have in the account after 8 years? (6 points)

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