QUESTION 3 25 points A student is shopping for an inexpensive car. He found one with a sticker price of $9,500 at a rate of 7 75% per year compounded monthly. He agreed to a $500 down payment, which he has, 48 monthly payments and a lump sum payment of $1,000 at the end of loan period. Compute his monthly payment Attach File Browse Local Files 25 points Save A QUESTION 4 A new engineering faculty member begins working on her 28th birthday at an annual salary of $90,000. This is expected to rise by an average of 2.8% per year. She contributes 12% of her salary into a retirement plan that an interest of 3.5% per year compounded annually Estimate the documulated amount into this plan at rotirement on her oth birthday Estimate the uniform annuity (e. annual salary) she can afford drawing from this account at retirement starting in her oth birthday and ending in her both birthday Attach file Brow Local Fits cu Save and Sub