Question: I could really use your help this is for a final grade! Thank you so much!! Adams Fillmores lifelong dream is to own his own

I could really use your help this is for a final grade! Thank you so much!!

Adams Fillmores lifelong dream is to own his own fishing boat to use in his retirement. Adams has recently come into an inheritance of $431,700. He estimates that the boat he wants will cost $326,200 when he retires in 6 years. Click here to view factor tables How much of his inheritance must he invest at an annual rate of 6% (compounded annually) to buy the boat at retirement? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.)

Investment amount

Newman Freeman is investing $8,743 at the end of each year in a fund that earns 8% interest. Click here to view factor tables In how many years will the fund be at $93,000? (Round answer to 0 decimal places, e.g. 45.)

Years

Chris Tylers VISA balance is $1,179.64. He may pay it off in 12 equal end-of-month payments of $115 each. Click here to view factor tables What interest rate is Chris paying? (Round answer to 1 decimal place, e.g. 8.5%.)

Interest Rate

per month

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