You want to buy a $30,000 car in 4 years. If you have $20,000 today, what interest rate do you need? What is I/Y? 10.34 10.67 10.34% 10.67%

You would like to buy a new car. The car costs will be $81 500. If you can earn 12% per annum, how much do you have to invest today to buy the car in three years?              Select one: a. None of the given answers is correct.  b. $58 244.14 c. $58 145.32 d. $58 010.09

4. Suppose you want to buy a car that costs $27000 with a loan at 3.875% APR and you want your payment to be below $290. How many years do you need to finance the car?  ______ years show work.

You hope to buy your dream car four years from now. Today, that car costs $54,500. You expect the price to increase by an average of 3.1 percent per year over the next four years. How much will your dream car cost by the time you are ready to buy it?     A.     $58,340.00   B.     $58,666.67   C.     $61,578.79   D.     $61,818.02   E.     $61,023.16     please type out all of your work