Enter Answers \\Correct Answers 2 points Each Question ( 10 Points Total ) Below Below Q 1 ) You invest $323 at the beginning of every year and your friend invests $323 at the end of every year . If you both earn an annual rate of return of 02. 00 % . a ) how much will you have in your account after & years ?* FIRST NAME LAST NAME Landon Graves b ) How much will your friend have in his account ?" Q 2 ) You currently have $4 , 529 in a retirement savings account that earns* an annual return of 07 . 00 % . You want to retire in 45 years with $ 1 , 000 , 000* How much more do you need to save at the end of every year to reach your INSTRUCTIONS retirement goal ?* Q 3 ) You currently owe $2 , 885 to your credit card that charges an annual interest rate of 18 . 00% . You make $165 of new charges every month and make a payment of $262 every month . What will your credit card balance be* in three months ? When inputting an answer , round your answer to the nearest 2 decimal places . If you need to use a Q 4 ) You would like to retire in 14 years . The expected rate of inflation is calculated number for further calculations , DO NOT round until after all calculations have been 01 . 00 % per year . You currently have a standard of living that requires* completed . For the final answer , Round to 2 decimal places . $5 , 894 of monthly expenses . Assuming you want to maintain the same* standard of living in retirement , what are your monthly expenses expected to be the first year of retirement ?* Q5 ) You purchases a house for $365 , 058 . You made a down payment of $ 20, 000 and the remainder of the purchase price was financed with a mortgage loan . The mortgage loan is a 30 year mortgage with an annual interest rate of 04 . 00 % . Mortgage payments are made monthly . What is the* monthly amount of your mortgage payment ?*