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Problem 32 Intro You plan to graduate in 4 years, and then travel to Italy for 3 weeks. The trip wil cost $1,400. Attempt 1/10

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Problem 32 Intro You plan to graduate in 4 years, and then travel to Italy for 3 weeks. The trip wil cost $1,400. Attempt 1/10 for 8 pts. Part 1 If you can earn an annual interest rate of 6%, how much do you have to save right now to have enough money for your trip? No decimals Submit Part 2 Instead, the interest rate is 0.5% per month. How much do you need to save? BAttempt 1/10 for 10 pts No decimals Submit Problem 33 Intro The risk-free interest rate is 8% per year. Attempt 1 /10 for 8 pts. Part 1 What amount of money received now would make you indifferent to receiving $4,000 in one year? No decimals Submit Part 2 What amount of money received in one year would make you indifferent to receiving $4,000 now? B Attempt 1/10 for 8 pts. No decimals Submit Problem 34 Intro You have $2,000 in your savings account, and want to buy a car for $20,000 Part 1 If you want to buy the car in 10 years, what interest rate would you need to earn? Attempt 1/10 for 10 pts. s+ decimals Submit

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