Question: please show formulas and all work. thank you 7. Jane Doe is changing jobs on ber 45th birthday. At this point, her retirement account has

please show formulas and all work. thank you

7. Jane Doe is changing jobs on ber 45th birthday. At this point, her retirement account has already accumulated $85,500. She plans to work until her 604 birthday. Her new job allows her to set aside $15,000/year into the same retirement account that make 3.5% interest per year. Compute the totoal amount that will be accumulated into this account on her 60h birthday I 8. You are considering buying a used 2009 Mustang with a sticker price of $8,999. You can affor a downpayment of S500 and monthly installment payements of $299. They charge 7.5% interest per year compounded monthly. How long will it take to pay the car oft? 9. A family takes a $175,000 25 year mortage at 3.75% compounded monthly, Compute their monthly payment

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