View List Unanswered Answered #1 Derek decides to buy a new car. The dealership offers him a choice of paying $501.00 per month for 5 years with the first payment due next month) or paying some $28,086.00 today. He can borrow money from his bank to buy the car What interest rate makes him indifferent between the two options? Submit Answer format: Percentage Round to: 3 decimal places (Example: 9 243%, % sign required. Ww accept decimal format rounded to 5 decimal places (ex: 0.09243)) Derek wants to withdraw $14,909.00 from his account 5.00 years from today and $13.726.00 from his account 14.00 years from today. He currently has $2,465.00 in the account. How much must he deposit each year for the next 14.0 years? Assume a 6.80% interest rate. His account must equal zero by year 14.0 but may be negative prior to that Submit Answer format: Currency. Round to 2 decimal places