Q8 In 30 years, what will be the approximate value of $1,000 that is saved at the end of each year, in an account that pays 8% interest? Group of answer choices

A. 32,400

B. 125,783

C. 30,351

D. 113,283

Q9 Fred will need $3,000,000 in 40 years to retire. Assuming that he can achieve an annual return of 6%, approximately how much would he need to put away today? Group of answer choices

A. 291,667

B. 256,653

C. 522,330

D. 70,755

Q10 Lissy is looking to purchase a new car for $24,500. The dealership is offering a 2% APR for 5 years. What will her approximate monthly payments be? Group of answer choices

A. 408

B. 416

C. 430

D. 449