You need to fund a payment of $24,418 due in 13 months. If your investment account pays 4.69% APR compounded monthly; how much do you have to deposit today to fully fund this payment? You spent $2,760 on Christmas gifts and put the purchases on your credit card. Your credit card has a 15.9% APR compounded monthly. If you want to pay off your credit card balance in 25 months, the first payment next month, how big are the monthly payments? Calculate your answer to two decimal places (e.g. 55.93)