ACE Construction Company has decided to invest $35,000 (Present)at an interest rate of 3% to buy a skid steer after 4 years. How much money will they be able to spend (Future) on the skid steer? Round your answer up to the next dollar amount.

ACE Construction Company wants to buy an excavator for an estimated price of 100,000, 5 years from now (Future). If the rate of interest is 4%, how much money should they set aside annually every year (Annual)?

ACE Construction Company has been setting aside $10,000 every year (Annual) for the last three years to buy a new skid steer. If the rate of interest is 5%, how much money will they be able to spend today (Future) on the equipment?

ACE Construction company just bought a concrete truck for $68,000 (Present). They anticipate using the truck for six years and selling it for $25000(Future). Annually, they expect to spend $4000 (Annual) on keeping the truck well maintained. If the interest rate is 8%. Calculate the annual ownership cost of the truck. Round your answer up to the next dollar amount.