d) Moe needs to save $500,000 to pay for a vacation property that he plans to purchase is 20 years. He can earn a 7%/year interest rate compounded yearly. He wants to save equal amounts each year, including the last year (20 years in total). How much does he need to save each year? (5 points) e) Suppose you charge $1000 on your credit card on January 1, 2021. The interest rate you are charged is 18% per year compounded monthly. If you make no payments during the year, how much will you owe as of January 1, 20222 5 points)