You are planning for retirement 32 years from now. You plan to invest $4,800 per year for the first 6 years, $8,100 per year for the next 13 years, and $10,000 per year for the following 13 years (assume all cash flows occur at the end of each year). If you believe you will earn an effective annual rate of return of 13.5%, what will your retirement investment be worth 32 years from now? $53,312.30$46,971.19$2,380,692.33$2,702,085.79$1,212,966.31 You plan to buy a house. The house will be financed with a $134,000,30-year mortgage with a nominal interest rate of 8.77%. Mortgage payments are made at the end of each month. You expect that you will sell the house in 6 years. How much of the principal will you have repaid at the time you plan to sell the house? $6,616.83 $68,797.87 $7,240.84 $76,523.87 $9,328.66