RIO Derek decides to buy a new car. The dealership offers him a choice of payr $540.00 per month for years with the first payment due next month or paying some $28.901.00 today. He can borrow money from his bank to buy the car What interest rate makes him indifferent between the two options? Submit not submitted Attempt Remaining: Infinity Answer format: Percentage Hound to: 3 decimal places (Example: 9.243% 1 sign required. We accept decimal format rounded to 5 decimal places fex 0.09243) Derek wants to withdraw $12,501.00 from his account 3.00 years from today and $13,484.00 from his account 11.00 years from today. He currently has $3,129.00 in the account. How much must he deponit each year for the next 11.0 years? Assume a 6.42% interest rate. His account must equal zero by year 11.0 but may be negative prior to that Sub not submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places