Problem 12 Intro You want to borrow $800,000 from your bank to buy a business. The loan has an annual interest rate of 8% and calls for equal annual payments over 10 years (starting one year from now), after which the loan is paid back in full. Part 1 What is the annual payment you have to make? B Attempt 1/10 for 10 pts No decimals Submit HM Problem 14 Intro You just turned 23 years old and want to retire when you turn 65. You plan to put $3,400 every year into a ROTH IRA, a retirement account from which you can withdraw money after retirement without having to pay any taxes. You expect to earn a return of 5% on your investments every year. I 8 Attempt 1 /10 for 12 pts. - Part 1 How much money can you expect to have at age 65 if you make your first deposit now and your last one on the day you turn 64? No decimals Submit Part 2 How much money can you expect to have at age 65 if you make your first deposit 10 years from now (at age 33) and your last one on the day you turn 64? BAttempt 1/10 for 10 pts No decimals