You borrow $1.000 for 2 years at 5%. APR. The single payment that will settle your debt at the end of 2 years is closest to: Question 8 You are considering the purchase of a Mini Cooper. The dealer offers you a "36-month" 7\% APR loan with NO payments for six months. The first payment is due six months from today. THE LAST PAYMENT IS AT THE END OF THE MONTH 36 MONTHS FROM TODAY. Thus there are 31 payments. Payments are calculated on a $28,000 principal. The car is worth $28,000. How big should the payment be? Question 9 5 pts During your retirement, starting 40 years from now and lasting 30 years, you want to have monthly income of $5,000. If you anticipate earning 8% on your savings, how much stould you start saving per month? Your first payment is at the end of this month. Question 10 What rate of retum is offered by an investment that costs $5,000 today, and pays $2,000 per year, at the end of each year, for three years