You have just turned 22 years old, received your bachelor's degree, and accepted your first job. Now you must decide how much money to put into your retirement plan. The plan works as follows. Every dollar in the plan cars 67% per year. You cannot mako withdrawals until you retire on your 65th birthday. After that, you can make withdrawals as you see fit. You decide that you will plan to live to 100 and work until you turn 65 You estimate that to live comfortably in retirement, you will need $95,000 per year, starting at the end of the first year of retirement and ending on your 100th birthday You will contribute the same amount to the plan at the end of every year that you work. How much do you need to contributo each year to fund your retirement? Your annual contribution should be s (Round to the nearest cont) Suppose you currently have $5,200 in your savings account, and your bank pays interest at a rate of 0.48% per month. If you make no further deposits or withdrawals, how much will you have in the account in 4 years? in 4 years' time, you will have in the account. (Round to the nearest cont.) e Op Te Your firm spends $4.700 every month on printing and mailing costs, tending statements to customers. If the interest rate is 0.5% per month, what is the prosent value of eliminating this cost by sending the statements electronically? This cost on a procent value of $ (Round to the nearest collar) Senti O You are looking to buy a car and can afford to pay $185 per month. If the interest rate on a car loan is 0.74% per month for a 60-month loan, what is the most ele expensive car you can afford to buy? ent: The amount that you can afford is $(Round to the nearest dollar)