Question: Please answer all and show work on how it would be done on financial calculator 4. If Fred can save $2 a day and deposit

Please answer all and show work on how it would be done on financial calculator

4. If Fred can save $2 a day and deposit his savings every month in an investment that earns 7% annually compounded monthly, how much will he have in 47 years? (Assume 30 days in a month) N IY PV PMT FV 5. How much money must Rita deposit today to ensure she will have $27,000 for a new car in 20 years? Assume her investment is at a rate of 5.5%, compounded quarterly. N IY PV PMT FV Focus ed States

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