a$.$ Marcy received an inheritance of $$20,000,$ and invested it at $6\%$ interest. She is going to

use it for college, withdrawing money for tuition and expenses each quarter. How much

can she take out each quarter if she has $3$ years of school left?

b$.$ Paul wants to buy a new car. Rather than take out a loan, he decides to save $$200$ a month

in an account earning $3\%$ interest compounded monthly. How much will he have saved up

after $3$ years?

c$.$ Keisha is managing investments for a non$-$profit company. They want to invest some

money in an account earning $5\%$ interest compounded annually with the goal to have

$$30,000$ in the account in $6$ years. How much should Keisha deposit into the account?

d$.$ Miao is going to finance new office equipment at a $2\%$ rate over a $4$ year term. If she can

afford monthly payments of $$100,$ how much new equipment can she buy?

e$.$ How much would you need to save every month in an account earning $4\%$ interest to have

$$5,000$ saved up in two years?