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PLEASE HELP What is the future value of a 5 -year loan with monthly payments of $100, and an annual interest rate of 5% ?

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What is the future value of a 5 -year loan with monthly payments of $100, and an annual interest rate of 5% ? Multiple Choice $3,652.28 $5,29907 $0 $7,23904 Not enough information is given. You have decided to buy a fishing cabin in Northem Manacba 8 years fiom now. You cumtently have 525,328 al7 saved up to invest. You have decided to spend 5100.000 when you buy the cabin in B years. Assuming that you can eam 5 than anually (with annuat compoundingl on money you imest now, how much do you need to add to the account every year to reach your goar? Numanc Aewesise Sustomer A opens an account at Oide Time Bancop and earns 21 is simple interest annually. Customer B opens an account at the M5U Credit Union and earns 27 annual interest compounded dally. They each deposit 510,000 At the end of to years, which customer will have more money and by how much? Miliple Choice Curtomer 8 by $119600 Customer A by $24710 Cutomer A by 5100000 Customer 8 by $1396 They wit each have the tome amount What is the future value of a 5 -year loan with monthly payments of $100, and an annual interest rate of 5% ? Multiple Choice $3,652.28 $5,29907 $0 $7,23904 Not enough information is given. You have decided to buy a fishing cabin in Northem Manacba 8 years fiom now. You cumtently have 525,328 al7 saved up to invest. You have decided to spend 5100.000 when you buy the cabin in B years. Assuming that you can eam 5 than anually (with annuat compoundingl on money you imest now, how much do you need to add to the account every year to reach your goar? Numanc Aewesise Sustomer A opens an account at Oide Time Bancop and earns 21 is simple interest annually. Customer B opens an account at the M5U Credit Union and earns 27 annual interest compounded dally. They each deposit 510,000 At the end of to years, which customer will have more money and by how much? Miliple Choice Curtomer 8 by $119600 Customer A by $24710 Cutomer A by 5100000 Customer 8 by $1396 They wit each have the tome amount

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