ome a8 cut e Copy . Eo Wrap Merge ste Format Office Update To keep up-to-date with security updates,fkes, and Improvernents, choose Check for Updat Exercise 1 | How much will $10000 grow to over 20 years if the annual rate of return is 6%? Submit your answer. asidirbday? Assume an 8% annua Exercise 2 If you need $30000 in 14 years, how much should you set as return? Subrnit your answer xercise 3If you invest $8000 each year for 40 years, how much will you have at the end of 40 years xercise 4 If you want to withdraw $5000 each year for 30 years, how much would you need to have saved today to fund these withdrawals? (Assume a 7% annual return.) Submit your answer. xercise st you purchase a machine and borrow $30000, what will your approximate monthly payment be if you pay back the loan over 5 years. Assume a 10% interest rate. Submit your answer BYN EX PR