You plan to retire 37 years from now. You expect that you will live 20 years after retiring. You want to have enough money upon reaching retirement age to withdraw $130,000 from the account at the beginning of each year you expect to live, and yet still have $2,400,000 left in the account at the time of your expected death (57 years from now). You plan to accumulate the retirement fund by making equal annual deposits at the end of each year for the next 37 years. You expect that you will be able to earn 13% per year on your deposits. However, you only expect to earn 8% per year on your investment after you retire since you will choose to place the money in less risky investments. What equal annual deposits must you ma each year to reach your retirement goal? O $1,968.71 O $2,393.02 $2,704.11 $1,742.23 $3,053.86 You are considering either leasing or purchasing a car. You notice an ad that says you can lease the car you want for $616.00 per month. The lease term is 48 months with the first payment due at inception of the lease. You must also make an additional down payment of $1,340.The ad also says that the residual value of the vehicle is $21,937. The list price of the vehicle is $36,624, but after much research, you have concluded that you could buy the car for a total "drive-out" price of $33,600. What is the quoted annual interest rate you are actually paying with the lease? O 14.10% O 17.31% 17.70% 13.81% 16.05%