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Assumonot your parents wanted to have $140,000 saved for college by your fath birthday and they started towing on your fint birthday They saved the

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Assumonot your parents wanted to have $140,000 saved for college by your fath birthday and they started towing on your fint birthday They saved the same amount aath your on your body and somed 130 per your on their investments a. How much would they have to save each you to reach their goal? . 1 wy think you wa tikelve years tead of four to graduate and decide to have $160.000 odsto, how much would they have we each year to reach herrew our CD .. How much would they we to save each year to reach their poor? To mach the goal of $140.000, the amount they have to sae each year is $ 2511.22. Round to the nearest cont.) b. If they think you will take five years instead of four to graduate and decide to have $180,000 saved just in cao, how much would they have to save each year to reach their new goal? To reach the goal of $180,000, the amount they have to save each years (Round to the nearest cent) You have a loan outstanding regares maling must payments of $8.000 each at the end of the next six years Your bank has offered to low you to skip making the next five payment in making one we payment at the end of the low termini years. We Werest rate on the loan is what final payment will the bank roure you to make into the two forms of payment? The final payment the bank will require you to make is (Round to the nearest dollar)

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