Directions: Work out these problems on scratch paper first, then write your final answers by hand on these pages. Show all work, and answer each question that is asked. All graphs should be drawn accurately on this sheet and be fully labeled. Staple all pages together. Upload these pages to D2L in the assignment tab. 1. Charla would like to save $14,000 for a down payment for her first house. She currently has $1 1,000. At what interest rate, compounded quarterly, would she need to invest her money in order to have the required $14,000 in 5 years? Round your final answer to the nearest hundredth of a percent. 2. A car with an initial value of $35,000 depreciates exponentially. The value of the car after 4 years is estimated to be $16,000. a. Write an exponential function to model the value of the car after t years. b. What does your model predict the value of the car to be after 10 years? Round your final answer to the nearest dollar