8- Bill borrowed $100,000 today that he must repay in 15 annual end-of-year installments of $10,000. What annual interest rate is Bill paying on his loan? 9-You deposit $5,000 per year at the end of each of the next 25 years into an account that pays 8% compounded annually. How much could you withdraw at the end of each of the 20 years following your last deposit if all withdrawals are the same dollar amount? (The first withdrawal is made at the end of the first year in the 20-year period.) 10-A financial advisor tells you that you can make your child a millionaire if you just start saving early. You decide to put an equal amount each year into an investment account that earns 7.5% interest per year, starting on his first birthday. How much would you need to invest each year (rounded to the nearest dollar) to accumulate a million for your child by the time he is 35 years old