6. You can afford 550/month for a car and have been approved by a local bank for a 5 year loan at 1.9% annual rate. How expensive of a car can you purchase? You deposit $10,000 into a bank which promises to pay you 5.75% compounded semiannually for 10 years. How much will you have at the end of the 10 years? 7. 8. Use the following tax table to answer this question: Taxable Income Tax Rate 50,000 15% 0- 50,001 75,000 75,001100,000 100,001-335,000 25 34 39 34 335,00110,000,000 The Holiday Inn earned $208,915 in taxable income for the year. How much tax does the company owe on this income? What is the average tax rate