Derek decides to buy a new car. The dealership offers him a choice of paying $593.00 per month for 5 years (with the first payment due next month) or paying some $28,448.00 today. He can borrow money from his bank to buy the car. What interest rate makes him indifferent between the two options? Submit Answer format: Percentage Round to: 3 decimal places (Example: 9.243%, % sign required. Will accept decimal format rounded to 5 decimal places (ex: 0.09243)) Derek wants to withdraw $10,553.00 from his account 5.00 years from today and $13,288.00 from his account 10.00 years from today. He currently has $3,240.00 in the account. How much must he deposit each year for the next 10.0 years? Assume a 5.30% interest rate. His account must equal zero by year 10.0 but may be negative prior to that. Submit Answer format: Currency: Round to: 2 decimal places. Derek currently has $11,177.00 in an account that pays 6.00%. He will withdraw $5,616.00 every other year beginning next year until he has taken 6.00 withdrawals. He will deposit $11177.0 every other year beginning two years from today until he has made 6.0 deposits. How much will be in the account 27.00 years from today? Submit Answer format: Currency: Round to: 2 decimal places. Derek can deposit $290.00 per month for the next 10 years into an account at Bank A. The first deposit will be made next month. Bank A pays 12.00% and compounds interest monthly. Derek can deposit $2,519.00 per year for the next 10 years into an account at Bank B. The first deposit will be made next year. Bank B compounds interest annually. What rate must Bank B pay for Derek to have the same amount in both accounts after 10 years? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434))