8. Suppose I need $250,000 to retire in 30 years. I can get 5.3% compounded monthly. How much should I invest now to guarantee I end up with $250,000? 9. Tanya invests $449 into a bank account receiving 3% APR, simple interest, for 4 years. How much interest will the account have in 4 years? 10. Suppose we borrow $1375 at 8.3% APR to buy a new Apple desktop computer. We pay off the loan in 36 monthly payments. Make an amortization table showing payments over the first four months. 11. You have made a new years resolution to pay off your credit card. The account has an APR of 13.7% with a balance of $765. You are required to make a minimum monthly payments that is 6% of the balance. If you don't make any more purchases, a. Find the new balance after the ist minimum payment b. Determine the next month's minimum payment