Part II: Open Ended Accounting Problems Instructions: Determine a final numerical answer for each question. You will record your ANSWERS ONLY on THPS-3 Answer Submission Form on iCollege. For dollar answers (unless otherwise specifically instructed), round (if necessary) to 2 decimal places, but do NOT include a dollar sign or any commas on iCollege. For example, record $24,302.84962 as 24302.85 . For percent answers (unless otherwise specifically instructed), round (if necessary) to 1 decimal place, but do NOT include a percent sign on iCollege. For example, record 0.154863=15.4863% as 15.5 . If your answer is a negative amount, enter a hyphen () before your number with no space between the hyphen and the number. For example, enter negative 319 as -319 . 26. At the end of 2022 , the total world population was 7.852 billion people. Population experts predict that this number will grow at a compound rate of 1.18% annually over the next 24 years. If that growth rate is correct, what will be the world population (in billions) in 24 years (i.e., in 2046)? Enter your answer in billions, rounded to 3 decimal places; for example, enter 11.12793 billion as 11.128 . 27. The current inflation rate in the U.S. is 7.2% per year. The current price of a gallon of gas in Atlanta is $3.15 per gallon. If the price of gasoline increases at 7.2% per year for the next 7 years, what is the projected price of a gallon of gasoline exactly 7 years from today (i.e., in 2030)? 28. You expect to deposit the following cash flows at the end of years 1 through 5,$1,000;$4,000;$9,000; $5,000; and $2,000 respectively. What is the future account value at the end of year 6 if you can earn 10% compounded annually