You have found your dream home! The sales price you agreed upon is $850,000. You have 20% to use as a down payment and will finance the rest over a 30 year period at a rate of 3.75%. How much will your monthly payments be? You are the CFO of your company, the CEO has decided that the company has outgrown its Head Quarters. The CEO wants to move in 5 years and anticipates the move will cost $1,700,000. How much money does he need to set aside today to have the money to move assuming a rate of return of 5%? You decide to stop drinking coffee and set aside the cost savings for your future, you estimate you will be able to put aside $100 per month, assuming a rate of 9% how much will you have in 10 years?