6. 1 points TanApMath7 4.2.021 My Notes Ask Your Teacher Luis has $190,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to "roll over" his assets to a new account. Luis also plans to put s 2000/quarter into the new account until his retirement 30 years from now. If the new account earns interest at the rate of 4.5%/year compounded quarterly, how much will Luis have in his account at the time of his retirement? Hint: Use the compound interest formula and the annuity formula. (Round your answer to the nearest cent.) Need Help? Read lt Save Progress Practice Another Version Submit Answer 7. -1 points TanApMath7 4.2.025 My Notes Ask Your Teacher Lup made a down payment o $6000 toward the purchase of a new car. To pay the balance ofthe purchase nce, she has secured a loan rom her bank at the rate of 8% ear compounded monthly Under the terms of her finance agreement she is required to make payments of $440/month for 36 months. what is the cash price of the car? Round your answer to the nearest cent.) Need Help? Readit Watch It