MAPAC Annuities. Assignment Name: 3. Amber is saving for a new car. She deposits $50 at the end of each week into an account that earns 7.8% per year compounded weekly Determine the amount in the account after 4 years. b. How much interest is eamed after the 4 year period? 4. Complete the table by using a TVM solver. Compare the investments for the following scenarios Investment 1 $1200 10 years Annually Investment 2 $600 10 years Semi-Annually Investment 3 $300 10 years Quarterly Investment 4 $100 10 years Monthly Regular Payment Investment Length Compounding Time Total Compounding Periods Annual Interest Rate Interest Rate Per Period 396 3% 3% 3% Future Value of Annuity Total Amount Deposited Interest Earned a. Which investment option would you choose? Explain. b. Discuss what causes the values of the investments to differ, c. Why are these investments easily comparable? (List at least 3 qualities)