question:1mindly wants to take a trip to china in 6 years.she know she will need about $9,800.how much should she dessposit into an account now tat pays 4.5% interest compunded daily in order to meet her goal? justify your anser.round to the nearest dollar.

question:2charles borrowed $23,000 for a car for 5 years at an apr of 6.74% wat will his monthly payment be? justify your answer