Assuming an interest rate of 7.1 percent, what is the value of the following cash flows five years from today?

Fifth Fourth National Bank has a savings program which will guarantee you $9,000 in 8 years if you deposit $75 per month. What APR is the bank offering you on this savings plan?

Bob has saved $505 each month for the last 5 years to make a down payment on a house. The account earned an interest rate of .49 percent per month. How much money is in Bob's account?