For college graduation, Joses dad gives him $15,000 toward a car. Jose thinks it through: With 10K he could probably buy a decent used car, but has his eyes on a Ford F150 pick-up truck that hes wanted that he could buy for about $35,000. He decides to save the money and wait. He invests the $15,000 in a high risk bond that pays 12% interest per year and matures in 8 years. Does Jose have enough money for the truck in 8 years? Show all work.