Intro The annual interest rate is 7%. Part 1 IB Attempt 1/2 for 10 pts. What is the present value (PV) of $1,000 that you'll receive in 20 years? 0+ decimals Submit Intro You have $1,000 in your savings account, and want to buy a car for $30,000. Part 1 Attempt 1/2 for 10 pts. If you want to buy the car in 10 years, what interest rate would you need to ear? 3+ decimals Submit Intro You have $6,000 in your savings account, and want to buy a car for $30,000. Part 1 - Attempt 1/2 for 10 pts. If you are not earning any more money and the interest rate on your savings account is 8% per year, how many years do you have to wait before you can buy the car? 1+ decimals Submit