Q3) You currently owe $3,972 to your credit card that charges an annual interest rate of 22.00%. You make $176 of new charges every month and make a payment of $241 every month. What will your credit card balance be in three months?

Q2) You currently have $2,989 in a retirement savings account that earns an annual return of 06.00%. You want to retire in 48 years with $1,000,000. How much more do you need to save at the end of every year to reach your retirement goal?