Use the savings plan formula to nower the following question Your goal is to create a college fund for your child Suppose you find a fund that offers an APRO. How much should you do 18 years You should inventeach month, (Do not round until the final answer. Then found to two decimal places needed) 4.0.25 You want to purchase a new car in 5 years and expect the car to cost $27,000. Your bank offers a plan with a guaranteed APR of 5.5% if you make regular monthly deposits. How much should you deposit each month to end up with $27,000 in 5 years? You should invest $ each month. (Round the final answer to the nearest cent as needed. Round all intermediate values to seven decimal places as needed.) Use the savings plan formula to nower the following question Your goal is to create a college fund for your child Suppose you find a fund that offers an APRO. How much should you do 18 years You should inventeach month, (Do not round until the final answer. Then found to two decimal places needed) 4.0.25 You want to purchase a new car in 5 years and expect the car to cost $27,000. Your bank offers a plan with a guaranteed APR of 5.5% if you make regular monthly deposits. How much should you deposit each month to end up with $27,000 in 5 years? You should invest $ each month. (Round the final answer to the nearest cent as needed. Round all intermediate values to seven decimal places as needed.)