1. Suppose you make 25 equal deposits of $5000 starting today and exactly one year later for each other. If this interest rate is 5%, how much will you have in your account at the time of the last deposit?

2. Suppose you need $25,000 10 years from now to purchase a car. If you only have $15,000 available today, what rate of interest will you require to meet your goal? Round to a hundredth of a %.