Question: Example 5 . 5 You know that you need to buy $ 4 0 0 in textbooks in one year. You can earn 7 %

Example 5.5 You know that you need to buy $400 in textbooks in one year. You can earn 7% on an investment for one year. How much do you need to put up today to have enough for your textbooks?
Example 5.6 You have $50,000, but the car you want costs $68,500. If you can earn 9%, how much do you have to invest today to buy the car in 2 years (assume price won't change)? Do have enough?
 Example 5.5 You know that you need to buy $400 in

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