QUESTION 4 If you want to accumulate $70,000 in 25 years, how much money must you put in a savings account today that earns a 10% rate, compounded quarterly? (Round to the nearest $1.) 8547 6461 5925 6318 QUESTION 5 6. You decided to purchase a $400,000 home by paying $50,000 down and taking out a fully amortizing loan for the balance at a 3% annual rate for 30 years. What will your monthly payment be if you make equal beginning of the month installments over the next 30 years to the nearest dollar)? $1472 $1476 $1488 $1651