Use these factors to answer questions $($ROUND ANSWERS TO NEAREST DOLLAR$)$

You want to buy a $$35,000$ car today and will be making monthly payments

for the next $6$ years. What is your car payment if your borrowing rate is $8\%?$

You want to have $$35,000$ at the end of $3$ years to buy a new car. How much

should you save each year to achieve your goal if you can earn $9\%?$

You invest $$10,000$ today in an account and will leave the money invested for $6$

years. Your average investment rate is $8\%,$ what amount will you have in the

account at the end of the $6$ years? $

You plan to invest $$2,000$ every year for the next $3$ years. What will be the

value of your investment at the end of the $3$ years if you can earn $9\%$ annual

interest? $

Your grandparents have decided to give you $$20,000$ in $3$ years for graduate

school. Assuming your grandparents are earning $9\%$ annually, how much do

they need to invest today so that have the $$20,000$ to give you in $3$ years?