1. If the cost of refinancing their house is ?$6,070 how long would Doug and Lynn have to remain in their home in order to recover the? cost, based on annual savings of ?$1,316 the would need to remain in the house for ( ) years
2. Cheryl wants to have ?$2,800 in spending money to take on a trip to Disney World in three years. How much must she deposit now in a savings account that pays 22?% to have the money she needs in three? years?
To have ?$2,800 in three? years, Cheryl would need to deposit ($)