To help out with her retirement savings, Laura invests in an ordinary annuity that earns2.4%

interest, compounded monthly. Payments will be made at the end of each month. How much money does she need to pay into the annuity each month for the annuity to have a total value of$96,000after17years? Do not round intermediate computations, and round your final answer to the nearest cent. If necessary, refer to thelist of financial formulas.

$

Q(28) To help open up a jewelry store, Joe borrowed money from an online lending company. He took out a personal, amortized loan for$46,000, at an interest rate of6.4%

,with monthly payments for a term of6 years. For each part, do not round any intermediate computations and round your final answers to the nearest cent. If necessary, refer to thelist of financial formulas.

(a)Find Joe's monthly payment.$

(b)If Joe pays the monthly payment each month for the full term, find his total amount to repay the loan.$

(c)If Joe pays the monthly payment each month for the full term, find the total amount of interest he will pay.$

Q(29) The table below shows a summary of Keisha's credit card statement for the month of June.

Transaction types Amount

Unpaid balance from May (Beginning balance on June1) $2694.95

Payments made during the month of June $443.65

Purchases made during the month of June $623.87

Complete the parts below. Round your answer to the nearest cent.

(a)Suppose the credit card company charges1.45% monthly interest on the unpaid balance from May. How much interest will this be? $

(b)What will Keisha's unpaid balance be on her July1 statement? (Assume that this balance will include the interest from part (a), but will not include any interest on her June balance yet.) $

Q(3) Moneysaver's Bank offers a savings account that earns8%interest compoundedcontinuously. If Jessica deposits$3800,how much will she have in the account after three years, assuming she makes no withdrawals? Do not round any intermediate computations, and round your answer to the nearest cent.

If necessary, refer to thelist of financial formulas.