41 59%N) Sun Feb 181 Window Help 06 Pre-Built Problems The following situations should be considered Independently.(FV of $1. PV of $1, EVA ot $1. PVA of $1, EVAD of $1 and PVAD of SU (Use approprlate factoris) from the tables provided.) accumulate $75,563 for a down payment on a small business. He will Invest $35,000 today in a bank account paying 8% interest compounded annually. Appromately how long w! lt take John to reach his goal? 2. The Jasmine Jasmine to make six annual payments of $8,000 beginning one year from the date of purchase. What is the interest rate implicit in this 3. Sam Robinson borrowed $18,000 from a friend and promised to pay the loan in 10 equal annual installments beginning one year from the date ofthe loan, Sam's friend would like to be reimbursed for the time value of money at a 9% annual rate, what is the annual payment Sam must make to pay back his friend? Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 John Jamison wants to accumulate $75,563 for a down payment on a small business. He will invest $35,000 today in a banik account paying 8% interest compounded annually. Approximately how long will it take John to reach his goal? (Do not round Intermedilate calculations. Round your final answers to nearest whole dollar amount.) Present Vialue Future Value Required 2 MacBook Air 2 3 7