35.The current price on iphone 11 pro max is $3,900. The iphone Xr prices have dropped at an average rate of 9% per year in recent years. If you expect this trend to continue, how much will this style of television cost in three years?

a. $2,999

b. $2,939

3.David is planning to enter university when he graduates from high school 7 years from now. He anticipates that he will need $10,000 at the beginning of each of the four university years to pay for tuition fees, and have some pocket money. David has made an arrangement with her parent to do the household chores if they agree to deposits $3,500 at the end of each year for the next 7 years in a bank account paying 8% interest. Will there be enough money in the account for David to pay for her college expenses?

a. $4,846

b. $4,541

c. $1,524

d. $5,207

c. $5,050

15.At Crystal Park, a ski chalet costs $250,000 now. Before Josh and Julie retire from successful investment banking careers, inflation is expected to cause this price to increase by 5 percent per year over the next 10 years. How large must an equal annual end-of-year deposit be made into an account paying a 13 percent annual interest rate in order to purchase the ski chalet upon retirement?

a. $ 8,333

b. $22,109

c. $13,572

d. $25,005

d. $4,633