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C D E F G You take out a $42,000 loan to buy a charro maker for your living room. The bank quotes you 15% APR for a 72 month loan. What are your monthly payments? ($888.09) What is the effective rate? (16.0755%) Payment EAR Algebra 0.1608 Finance Function 888.0906 0.1608 If your father has the desire to retire in 17 years, how much money will he need to invest each year to meet his goal of having $700,000 at retirement if he is able to receive a 9.0% annual interest rate? Assume the first annual deposit is made I in one year. ($18,932/yr) Algebra 18932.3739 Finance Function ate of Return Return answers Calculating Pmts PMT answers NPER NPER answers search BIO