Question: Problem 1 You have until 2:52 PM to complete this assignment. Intro You deposit $1,000 into your savings account today, and want to use the

Problem 1 You have until 2:52 PM to complete this assignment. Intro You deposit $1,000 into your savings account today, and want to

Problem 1 You have until 2:52 PM to complete this assignment. Intro You deposit $1,000 into your savings account today, and want to use the money to buy a car for $25,000 Part 1 Attempt 1/3 for 10 pts. If you want to buy the car in 6 years, what interest rate would you need to eam? 2+ decimals Submit You have until 2:52 PM to complete this assignment. Intro Find the present values of these annuities due. Part 1 - Attempt 1/3 for 10 pts. What is the present value of $8,000 per quarter for 8 years with an annual interest rate of 6% (APR with quarterly compounding)? + decimals Submit

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