caticb/ui/evo/index.html?deploymentid=60338520 Commerce Bank w Home - Workday Navy Federal Credit. Q Search this MINDTAP mework One can solve for ether the interest rate or the number of periods using the FV and the PV equations. The easiest way to solve for these variables is with a financial calculator or a spreadsheet. Show All Feedback Quantitative Problem 1: You deposit $2,200 into an account that pays 7% per year. Your plan is to withdraw this amount at the end of 5 years to use for a down payment on a new car. How much will you be able to withdraw at the end of 5 years? Do not round Intermediate calculations. Round your answer to the nearest cent. $ 11770 Show All Feedback Quantitative Problem 2: Today, you invest a lump sum amount in an equity fund that provides an 12% annual return. You would like to have $10,200 in 6 years to help with a down payment for a home. How much do you need to deposit today to reach your $10,200 goal? Do not round Intermediate calculations, Round your answer to the nearest cent. $ 5167,6 Show All Feedback Check My Work