Chen has nothing saved for college. He will need to pay 12,470 dollars per year to the school for 4 years. The first of these payments will be made in 5 years. Chen can earn 13.53 percent per year. How much does Chen need to save each year for 4 years to have exactly enough to pay for his education if he makes his first savings contribution later today and all savings contributions are equal? Number Imari wants to establish a charitable foundation that will make annual scholarship payments forever. Imari wants the foundation to make the first annual scholarship payment in 5 years from today, she wants that first scholarship payment to be 13,730 dollars, and she wants annual scholarship payments to increase by 4.39 percent per year forever. To fund the foundation, Imari plans to make equal annual savings contributions for 4 years. How much does Imari need to save each year for 4 years to have exactly enough in the foundation to meet her goal if she makes her first savings contribution later today, all savings contributions are equal, and her expected return is 15.43 percent per year? Number