Question 5 (3.33 points) You are saving to buy a fishing boat that will cost you $10,000. You commit to send a fixed monthly payment of $200 to an investment account that can earn you 10% annual return. How long will you have to wait before you can afford the fishing boat? 1) 3.09 years 2) 3.50 years 3) 3.89 years 4) 4.27 years Question 6 (3.33 points) You invest $10,000 today in your 401K investment fund. If the fund is expected to earn an average of 12% a year and that the interest is paid semi-annually. How much should you expect to have in your fund when you retire in 30 years? 1) $316,846.74 O $329,876.91 3) $341,558.71 4) $342,670.05