Norm Legend has been awarded a scholarship from Canmore College, For the next 4 years, he will receive $2,900 for tuition and tnoks at the beginning of each quarter. How much (in $) rnust the school set aside now in 2. an account earning 7% interest compounded quarterly to pay Norm's scholarship? (Round your answer to the nearest cent.) Need t-/0.57 Points] DETAILS BRECMBC9121.025. As part Of your retirement plan, you have decided to $6,000 at the Of each year into an account paying 5% interest compounded annually. (Round your answers to the nearest cent.) (a) How much (In S) would the account be worth after 10 years? (b) How much (in S) would the account be worth after 20 years? (c) When you retire in 30 years, What Will be the total mrth (in S) Of the account? (d) If you found a bank that paid 6% interest compounded annually ratherthan 5%, how much (in $) would you have In the account after 30 years? MY NOTES (e) use the future value of an annuity due formula to calculate how much (in S) you would have in the account after 30 years if the bankin part (d) switched from annual compounding to rnonthly compounding and you deposited $500 at the beginning of each month instead of $6,000 at the beginning of each year. Need