Intro You expect to receive two cash flows: $11,000 paid after 3 years and $22,000 paid after 6 years. The annual interest rate is 8%. Part 1 JB Attempt 1/2 for 10 pts. What is the present value of the combined cash flows? 0+ 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