b) Karan starts saving for a down-payment on a house by making regular payments at the end of each month into an account that earns 8.4% / a interest, compounded monthly. Determine the amount of each monthly payment needed to accumulate $10 000 in three years. N= I%= PV= PMT= FV= P/Y= C/Y=

c) Steve deposits $50.00 each week into a bank account that earns 5.75% interest, compounded weekly. o

How much money will he have saved after 30 weeks? N= I%= PV= PMT= FV= P/Y= C/Y=o

How long will it take Steve to save up the $4000 he needs to buy a car? N= I%= PV= PMT= FV= P/Y= C/Y= o iii)

How much would Steve need to deposit each week to have the $4000 in one year? N= I%= PV= PMT= FV= P/Y= C/Y=