You have $2,000 on a credit card that charges a  20% interest rate. If you pay off the credit card in 4 years, how  much will you need to pay each month(assuming you don't change anything new to the card)?

Its one question only ple do both parts

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4. You are saving up for a cruise after graduation. The cruise will cost $1,500. How much must your save monthly if graduation is 19 months away and the current interest rate in your savings account is 2%? a. Assume your first deposit happens at the end of the month and the last deposit happens at the end of the 19th month i. $78.95 ii. $77.40 iii. $65.67 iv. $77.77 b. Assume your first deposit happens today and the last deposit happens at the end of the 18th month i. $77.64 ii. $77.90 iii. $79.33 iv. $76.24 5. Your rich great grandmother just passed away and left you $1 million dollars. She also attended UNO. You decided to set up a scholarship fund in her honor. a. You want to offer a full-ride scholarship in the amount of $25,000 per year forever. If the interest rate = 4%, how much money will you have left over for yourself after paying the endowment? i. $250,000 ii. $375,000 iii. $625,000 iv. $750,000 b. If you decide to give half of your inheritance to the university, how big of…

If you deposit money today in an account that pays 7% annual interest, how long will it take to triple your money? 13.24 years 1,570.00 years 0.35 years 16.24 years

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Question 4 You deposit $500 each month into an account earning 7% interest compounded monthly. a) How much will you have in the account in 20 years? b) How much total money will you put into the account? c) How much total interest will you earn?