Today, you borrowed $5,000 and have agreed to pay off the loan by making $250 weekly payments. Assume the effective weekly interest rate is 0.1%. If you were preparing an amortization schedule, what would be the ending balance after your first payment (i.e. at the end of the first week)? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50. Numeric Response A week from now, you plan to begin saving for your retirement by making a deposit into a new savings account that has an expected return of 5.5% compounded weekly. You plan to continue depositing the same amount each week until you retire in 35 years. You expect to make withdrawals in the amount of $20,000 from your savings account every year for 40 years after you retire. Assume you were asked to find the amount you will need to deposit into your savings account each week until you retire in order to fund your retirement. In your solution, you would need to use the annuity present value equation to find the present value at your retirement date of the withdrawals you expect to make each year during your retirement. What interest rate would you use in this equation? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39. Numeric Response