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Danielle wants to save up for a car which she will need when she graduates in 3 years. How much would she have to deposit

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Danielle wants to save up for a car which she will need when she graduates in 3 years. How much would she have to deposit today, if this amount would earn 10% per year, to have $35,000 when she graduates? 4) Sarah and Adam decided to invest $1,500 every year for their daughter's college fund until she is 18 (starting on her 1st birthday and including her 18th birthday). How much will be in the savings account on her 18th birthday (after the last deposit) assuming an interest rate of 8%

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