1. If you wanted to have $5,000 saved up by the end of the year, ignoring investment returns, what amount would you need to save on a monthly basis? A weekly basis? A daily basis? (Assume 52 weeks per...

1. If you wanted to have $5,000 saved up by the end of the year, ignoring investment returns, what amount would you need to save on a monthly basis? A weekly basis? A daily basis? (Assume 52 weeks per year, and then 7 days per week.)

2. If you go out for lunch Monday through Friday between classes and spend $7 for each meal, how much do you spend for lunch over the course of a 16-week semester?