Question: Question 3 1 pts You expect that you will need to replace your furnace in 4 years at a cost of $16,168. How much must

Question 3 1 pts You expect that you will need to

Question 3 1 pts You expect that you will need to replace your furnace in 4 years at a cost of $16,168. How much must you save, each month for 17 months, starting next month (the same amount each month) if your savings account pays 2.82% APR (compounded monthly)? Question 4 1 pts A bookstore offers you the following deal: you pay $41 today (in January) and you get 6% off the price of everything you purchase in December (for simplicity assume exactly 12 months from now). If your savings account earns 3.98% APR (compounded monthly), how much do you have to buy in December to just break even on the offer

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