Q5) You purchases a house for $380,333. Yo B 2 points Each Question (10 Points Total) Q1) You invest $1,950 at the beginning of every year and your friend invests $1,950 at the end of every year. If you both earn an annual rate of return of 10.00%. a) how much will you have in your account after 4 years? b) How much will your friend have in his account? Q2) You currently have $1,377 in a retirement savings account that earns an annual return of 12.00%. You want to retire in 49 years with $1,000,000. How much more do you need to save at the end of every year to reach your retirement goal? Q3) You currently owe $4,693 to your credit card that charges an annual interest rate of 22.00%. You make $110 of new charges every month and make a payment of $295 every month. What will your credit card balance be in three months