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Intro Consider a loan for $51,898 that is paid off in 15 yearly payments of $5,000. Part 1 What is the interest rate? 3+ decimals

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Intro Consider a loan for $51,898 that is paid off in 15 yearly payments of $5,000. Part 1 What is the interest rate? 3+ decimals Submit BAttempt 1/10 for 1 pts. Intro You have $1,000 in your savings account, and want to buy a car for $20,000. Part 1 Attempt 1/10 for 1 pts. If you want to buy the car in 10 years, what interest rate would you need to earn? 3+ decimals Submit Intro You just turned 22 years old and want to retire when you turn 65. You expect to live for 25 years after retirement and want to withdraw $60,000 per year in retirement, starting on your 65th birthday. You expect to earn a return of 6% on your investments every year. Part 1 B Attempt 1/10 for 1 pts. What is the total present value (as of your 65th birthday) of the withdrawals you expect to make in retirement? 0+ decimals Submit BAttempt 1/10 for 1 pts. Part 2 You want to save a constant amount every year. How much money should you save each year if you make the first deposit now and the last one one year before you turn 65? 0+ decimals Submit

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