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Use these factors to answer questions ROUND ARISWERS TO NEAREST DOLLAR? table [ [ n , 1 , AVS 1 , AVS 1 ,

Use these factors to answer questions ROUND ARISWERS TO NEAREST DOLLAR?
\table[[n,1,AVS1,AVS1,%VA,FVA],[5,20%,0.62092,1.61051,3.79079,6.1051],[6,9%,0.59527,1.67710,4.48592,7.5233],[72,0.75%,0.58392,1.71255,55.47685,95.0070]]
You want to buy a $40,000 car today and will be making monilhy payments forthe next 6 years. What is your car payment if your borrow ing rate is 9%?
You want to have $50,000 at the end of 5 years to buy a new car. How musch should you save each year to achileve your goal if you can earn 10%?
You invest $10,000 today in an account and will leave the money invested for 6 years. Your average investment rate is 9% and will compound monthly , what amount writ you have in the account a the end of the byears?
You plan to invest $2,500 every year for the next 5 years. What will be the value of your investment at the end of the 5 years if you can eam 10% annual interest? $
Your grandparents have decided to give you $50,000 in 5 vears for a down payment on a house. Assuming your grandparents are eaming 10% annully, how much do they need toinuest tedguso that have the 550,000 to give you in 5 years? 5
Please answer 1-5.
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