Question: Please answer those two question in Asap. thank you! You need $2,000 to buy a new iPad in one year. If you can earn 7.5%

Please answer those two question in Asap. thank you!

Please answer those two question in Asap. thank you! You need $2,000

You need $2,000 to buy a new iPad in one year. If you can earn 7.5% annually, how much do you need to invest today? (nearest dollar without dollar sign ($) or comma, e.g. 15000) 1860 X Your dad wants to save for your graduation, and he realizes you might need $125,000 in 16 years. If he can earn 6% annually how much does he need to invest today? (nearest dollar without dollar sign ($) or comma, e.g. 15000) 49206 x

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