You are considering investing in a savings account. You have $15,000 now and you do not anticipate needing that money for 10 years. Banks are paying 7.5% interest rate per year. If you invest, How much money will you have after 10-years? Enter your answer in the following format: 12345.67 Hint: Answer is between 27514.77 and 34625.33 Peter is planning to buy a truck for $180,000 to expand his construction business. The bank offers him a 10-year loan with equal annual payments and an interest rate of 8% per year. The bank requires that he pay 20% of the truck's purchase price as a down payment and take a loan on the remaining 80%. How much is Peter's annual loan payment? Enter your answer in the following format: 12345.67 Hint: Answer is between 19743.43 and 24035.48 Malaika has saved $20,000 already to buy a home. In the future, she can save $6,000 per year at the end of each year in a savings account. The savings accout is giving her 7.25% return per year. How many years will it take for Malaika to save $60,000 as a down payment to buy her dream house? Enter your answer in years in the following format: 1.23 Hint: Answer is between 4.13 and 5.12