Jerome will be buying a used car for $6,000 in 3 years. How much money should he ask his parents for now so that, if he invests it at 5% compounded continuously, he will have enough to buy the car? Jerome should ask for $ (Round to the nearest cent as needed.)

Hsu-Mei wants to save $3,000 for a down payment on a car. To the nearest dollar, how much will she need to invest in an account now with 7.4% APR, compounded daily, in order to reach her goal in 3 years? $

Sebastian is going to deposit $790 in an account that earns 6.8% interest compounded annually. His wife Yolanda will deposit $815 in an account that earns 7.2% simple interest each year. They deposit the money on the same day and make no additional deposits or withdrawals for the accounts. Which statement is true concerning Sebastian's and Yolanda's account balances after 3 years? F Sebastian's account will have about $14.67 less than Yolanda's account. G Sebastian's account will have about $9.78 less than Yolanda's account. H Yolanda's account will have about $14.67 less than Sebastian's account. J Yolanda's account will have about $9.78 less than Sebastian's account.

Marvin wants to buy a car worth P1,200,000. He can pay P200,000 down payment and the balance every end of the months for 5 years. How much must he pay monthly at 3 ½% compounded monthly?