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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 50 57,239.04 Not enough information is given. You have decided to buy a fishing cabin in Northem Manitoba 8 years from now, You currently have 525328 in saved up to invest. You have decided ta spend $100,000 when you buy the cabin in 8 years. Assurving that you can eain 51 , annually (with annual compounding) an money you invest now, how much do you need to add to the accourt every year to reachyour gool? Numenc Petgonse Customer A opens an account at Olde Time Bancorp and earns 2.5 s simple interest annually. Customer B opens an account at the MSU Credit Union and earns 2 . annual interent compounded dady. They each deposit $10,000. At the end of to years, which customer will have more money and by how much? Miltiple Choice Custamer 8 by 5156.00 Custsomer A by $24710 Custome A by $100000 Customet d by 511396 They wil ench have the same aisour. 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 50 57,239.04 Not enough information is given. You have decided to buy a fishing cabin in Northem Manitoba 8 years from now, You currently have 525328 in saved up to invest. You have decided ta spend $100,000 when you buy the cabin in 8 years. Assurving that you can eain 51 , annually (with annual compounding) an money you invest now, how much do you need to add to the accourt every year to reachyour gool? Numenc Petgonse Customer A opens an account at Olde Time Bancorp and earns 2.5 s simple interest annually. Customer B opens an account at the MSU Credit Union and earns 2 . annual interent compounded dady. They each deposit $10,000. At the end of to years, which customer will have more money and by how much? Miltiple Choice Custamer 8 by 5156.00 Custsomer A by $24710 Custome A by $100000 Customet d by 511396 They wil ench have the same aisour

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