Question: please answer 18 & 19. thanks. Question 18 (0.15 points) Your employer has promised you a pension of $20,000 per year in retirement. How much

please answer 18 & 19. thanks.

Question 18 (0.15 points) Your employer has promised you a pension of $20,000 per year in retirement. How much money must be invested in the pension fund at retirement in order to fully fund your pension for 15 years if the pension fund earns a 10% return in each year? Your Answer: Answer Hide hint for Question 18 Use the 'Start Principal' tab on the online financial calculator. Set FV to O because the pension needs to only last a specific number of years in this case. Question 19 (0.15 points) You are trying to decide between a 48-month loan and a 60-month car loan. If the loan is for $11,000 at 5% APR, how much more per month is the monthly payment Your

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