Question: B D E F 1 2 3 4 Q-10 Today you deposited in a savings account $10,000 at 7.87% annual interest rate. How much will

B D E F 1 2 3 4 Q-10 Today you deposited in a savings account $10,000 at 7.87% annual interest rate. How much will you have in your account 10 years from now? Interest is compounded annually 5 6 7 8 9 10 Q-11 You financed a $25,000 automobile for four years at 4% annual rate. There were no additional fees required. The dealer told you that your monthly payments will be $575.00 for four years (i.e. 48 monthly payments). Will you buy the automobile from this dealer? On purely financial grounds, why or why not? Answer in the highlighted space below and give a clear numerical explanation as to why you have made that choice. 12 13 14 15 16 17 18 19 20 21 22 23 24 26 20 30 31 23

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