Question: Need help with these two questions You plan to save money for a down payment of $39,000 to purchase an apartment. You can only afford

Need help with these two questions You plan to save money for a down payment of $39,000 to purchase an apartment. You can

Need help with these two questions

You plan to save money for a down payment of $39,000 to purchase an apartment. You can only afford to save $1,250 at the end of every quarter into an account that earns interest at 4.79% compounded annually. How long will it take you to save the planned amount? 0 years 0 months Lush Gardens Co. bought a new truck for $58,000. It paid $6,960 of this amount as a down payment and financed the balance at 4.98% compounded semi-annually. If the company makes payments of $1,800 at the end of every month, how long will it take to settle the loan? 0 years 0 months Express the answer in years and months, rounded to the next payment period

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