Question: Chapter 8-10 In class assignment- submitted in Canvas pope 142 5| 6.00% | 0.74726| 1.33823 | 4.21236 | 5.6371 60 | 0.50% | 0.74137 |

 Chapter 8-10 In class assignment- submitted in Canvas pope 142 5|

Chapter 8-10 In class assignment- submitted in Canvas pope 142 5| 6.00% | 0.74726| 1.33823 | 4.21236 | 5.6371 60 | 0.50% | 0.74137 | 1.34885 | 51.72556 | 69.7700 1. You want to have $35,000 at the end of 5 years to buy a new car. How much should you save each month to achieve your goal if you can earn 6%? $. (round to nearest dollar) 2. You want to buy a $35,000 car today and will be making monthly payments for the next 5 years. What is your car payment if your borrowing rate is 6%2 $ (round to nearest dollar) nPV$1FV$1PVAFVA 3| 8% | 0.79383| 1.25971 | 2.57710| 3.2464 3. You accepted a job offer with a local company that has offered to give you a signing bonus of $12,000 or a $15,000 bonus in 3 years (guaranteed). Your current investment rate is 8%, what is the best economic decision, take the bonus today or wait 3 years

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