Will give brainliest to whoever fills out the whole thing

For Parts 1, 2, and 3 you must show your work to receive full credit.

Part 1:
You started saving for a car when you were in middle school. You have done some research and discovered that it will cost you about $15,000 for a used car that would fit your needs. You were encouraged to invest some of your savings to help you get to your financial goal faster. So far you have saved $10,000. If you invest this money in a savings account with a 3% interest rate compounded annually, how long will it take to earn enough money to go purchase the car? Use the compound interest formula A = P (1 + i)n, where A is the accumulated amount, P is the principal, i is the interest rate per year, and n is the number of years. Round your final answer to the nearest tenth

Part 2:
You would like to purchase the car in 4 years. How much money will you need to invest at a 3% interest rate compounded annually in order to have $15,000 in 4 years? Use the compound interest formula A = P (1 + i)n. (Round final answer to the nearest cent, but otherwise don’t round any intermediate values)

Part 3:
Now say you invest the $10,000 and the highest interest rate you can find is 4% compounded annually, but you would have to leave the investment in the account for a minimum of 5 years. If you decide to wait 5 years to buy the car, how much more money will you have to save to buy a car at the $15,000 price. Use the compound interest formula A = P (1 + i)n. (Round final answer to the nearest cent, but otherwise don’t round any intermediate values)

Part 4:
Given the previous calculations, write a paragraph explaining how you would prepare financially to buy the car. Would you invest the $10,000 and wait until it grows to $15,000? Would you add to the investment of $10,000 so it will grow to $15000 by the time you want to buy the car? Would you invest the $10,000 for a little longer and come up with the rest of the money when you want to buy the car? Explain your answer.

Part 5
The Bible has a lot to say about money and finances. How would a biblical perspective on your wealth and finances change or influence how you look at the above scenario? In at least 4 sentences, explain one or two Biblical perspectives on finances and how that would affect the way in which you look at saving and spending your money. Use specific scriptural references in your answer.

Firstly there is a threat of inflation. The car that $15,000 may not cost the same amount after 13 years from now. Secondly, We can Invest money today to get interest on it instead of loosing the opportunity cost of interest by not investing the money and saving the money by self is definitely a waste of time. Thirdly, Human Beings prefer to get pleasurable luxuries as early as possible, So I would prefer to invest $10,000 now at higher rate of return at 4% for the time period of 5 years so that I buy the car and in that time I will also save the money on my own so that it could add up to $15,000.

Part 5

Saving money for rainy days is a concept derived from ancient times. As at the beginning people used to save food as there will be no cultivation in dry weather. But above example is solely talking about luxury as if it would be necessity he could have bought any cheaper Car. And for that we should always be thankful to God for what he has given to us. Some of the Verses from Bible are listed below:

"Always find something to be thankful for, even in the hard times."

“Give thanks to the LORD, for he is good; his love endures forever.”

Chronicles 16:34

“Let them give thanks to the LORD for his unfailing love and his wonderful deeds for mankind, for he satisfies the thirsty and fills the hungry with good things.”

Psalm 107:8-9