2. Calculating Future Values (LO1) For each of the following, compute the future value: 8....
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2. Calculating Future Values (LO1) For each of the following, compute the future value: 8. Calculating Interest Rates (LO3) In 2016, the automobile industry announced the average vehicle selling price was $34,958. Five years earlier, the average price was $27,641. What was the annual pereentage inerease in vehicle selling price? 9. Calculating the Number of Periods (LO3) You're trying to save to buy a new $190,000 BMW 3 series sedan. You have $40,000 today that can be invested at your bank. The bank pays 4.8% annual interest on its accounts. How long will it be before you have enough to buy the car
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