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Quantitative Problem 1: You deposit $2,100 into an atcount that pays 7% per vear, Your plan is to withdraw this amount at the end of

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Quantitative Problem 1: You deposit $2,100 into an atcount that pays 7% per vear, Your plan is to withdraw this amount at the end of 5 years to use for a down payment on a ner car. How much will you be able to witheraw at the end of 5 years? Do not round intermediate calculations. Round your answor to the nearest cent. Quantitative Problem 2: Today, You invest a lump sum arnouns in an equaty fund that provides an 12% ansual return. You would like to have 310,400 in 6 yeari to nelp with a dosn perment for a home. How much do vou need to deposit today to reach vour s10,400 goat? Do rect reund intermediate calculaciona. Round your answer to the nearest cent

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