Brian is considering purchasing a new car. The cash purchase price for the car is $77515. What is the annual interest rate if Brian is required to make annual payments of $18500 at the end of the next five years? 5%. 8% 64 79 Testbank Multiple Choice Question 100 Vaughn Manufacturing will invest $79000 every January 1st for the next six years (2020-2025). If Vaughn will earn 9% on the investment, what amount will be in the investment fund on December 31, 20257 $647834 $386284 $594344. $354389 Swifty Corporation will invest $21500 every January 1st for the next six years (2020-2025). If Swifty will carn 12% on the investment, what amount will be in the investment fund on December 31, 2025? $174477 $88395. 199003 $195414 Testbank Multiple Choice Question 91 Maria and Richard want to begin saving for their baby's college education. They estimate that they will need $122000 in nineteen years. If they are able to earn 7% per annum, how much must be deposited at the end of each of the next nineteen years to fund the education? $11516. $3553 $3264 $11804