Look at this scenario:. Tell me if it is a scenario that would use an annuity, payout annuity, loan or compound interest. Go back to the PP for reference if you need to! Look for key words. Do NOT solve the problem! * I don't want a car payment, so I'm going to save up for it instead. I need $20,000 to buy my car. If I put $300 a month in an account that earns 6% and I want to buy a car in two year, can I do it? Annuity O Payout annuity Loan O Compound interest 13