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Over the life of the loan. 9. You plan to buy a house, valued at 145,000 5 years from now. Interest bates on the market

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Over the life of the loan. 9. You plan to buy a house, valued at 145,000 5 years from now. Interest bates on the market are expected to remain at 10%. If you deposit & 6,500 every year for 5 years, in advance, i) how much will you have? 11 Will you meet your target? By how much will you fall short of or exceed your target? iii) If not, how large meet your target? must your deposits be, at the same interest rate, to

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