CP$-$TVM$-$submit in Canvas

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You want to buy a $$30,000$ car today and will be making monthly payments for the next $5$ years. What is your car payment if your borrowing rate is $6\%?$

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You want to have $$35,000$ at the end of $4$ years to buy a new car. How much should you save each year to achieve your goal if you can earn $9\%?$

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You invest $1,000$ today in an account and will leave the money invested fors years. Your average investment rate is $6\%,$ what amount will you have in the account at the end of the $5$ years? $

You plan to 'invest $$1,000$ every year for the next $4$ years. What wil be the value of your investment at the end of the $4$ years if you can eam $9\%$ annual Interest? $

Your grandparents have decided to give you $$30,000$ in $4$ years for graduate school. Assuming your grand parents are earning $9\%$ annually, how much do they need to invest today so that they have the $$30,000$ to greyou na years?

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