Derek wants to withdraw $12,482.00 from his account 8.00 years from today and $13,728.00 from his account 12.00 years from today. He currently has $2,692.00 in the account. How much must he deposit each year for the next 12.0 years? Assume a 6.26% interest rate. His account must equal zero by year 12.0 but may be negative prior to that.

Derek plans to buy a $27,253.00 car. The dealership offers zero percent financing for 57.00 months with the first payment due at signing (today). Derek would be willing to pay for the car in full today if the dealership offers him $____ cash back. He can borrow money from his bank at an interest rate of 5.67%.