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Compute the answer to each of the following independent situations. (1) Willie deposits $11,000 into an investment earning 10% interest compounded annually. How much will

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Compute the answer to each of the following independent situations. (1) Willie deposits $11,000 into an investment earning 10% interest compounded annually. How much will be in the investment at the end of 10 years? Nl/YR PV PMT FV - (2) How much must an investor set aside today, in order to have $10,000 four years from today if the potential investment earns 12% compounded monthly? N/YR PV -___ PMT FV (3) Willie can afford monthly car payments of $ 200 for four years. What is the most expensive car Willie can buy, if the corresponding loan has an 18% annual rate? N-_/YR -___ PV_ PMT FV- (4) Willie has his eye on a $35,000 car. If the car loan carries a 12% annual rate, and will require a monthly payment for four years, how much will each payment be? N-nl/YR - PV - PMT - FV

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