Question 3 3 pts An investment offers the following cash flows: $661 one year from now, $297 two years from now, $763 in 3 years, $290 in 4 years, and $432 in 5 years. If the relevant interest rate is 6% per year (an APR, with interest compounded annually), how much is the investment worth in today's terms? Margin of error for correct answers: +/- .05. Do not round any intermediate work. Round your final answer to 2 decimal places (ex: if your answer is 12.345678 then you should enter 12.35). Question 4 3 pts An investment offers the following cash flows: $883 today, $485 one year from now, $613 in 2 years, and $255 in 3 years. If the relevant interest rate is 8% per year (an APR, with interest compounded annually), what is the value of the investment 3 years from today (immediately after the cash flow at "year 3" occurs)? Margin of error for correct answers: +/-.05. Do not round any intermediate work. Round your final answer to 2 decimal places (ex: if your answer is 12.345678 then you should enter 12.35). Question 5 3 pts You are taking out a car loan and will make payments of $339 each month (beginning one month from today), for a total of 60 monthly payments. If the interest rate on the loan is 1.06% (the effective monthly rate on this loan), how much are you borrowing to buy the car? [Hint: Loan problems are typically PV annuity problems, where the amount you are borrowing is the PV of the series of future payments.] Margin of error for correct answers: +/- .05. Do not round any intermediate work. Round your final answer to 2 decimal places (ex: if your answer is 12.345678 then you should enter 12.35). Question 6 3 pts You have saved $4,852 for a down payment on a new car. The monthly payment you can afford is $456. You will make payments for 48 months (starting 1 month from today). If the relevant interest rate is 0.76% per month (this is an Effective Monthly Rate), the price of the car you can afford (taking into account the down payment as well) is $. [Hint: This problem is similar to #5, except that in this case you are bringing some cash to the car dealership that will go toward the purchase (in addition to whatever you are borrowing).] Margin of error for correct answers: +/- .05. Do not round any intermediate work. Round your final answer to 2 decimal places (ex: if your answer is 12.345678 then you should enter 12.35)