Part A: Complete the problem below. Change one component (principal invested, interest rate. compounding period, time) and rewrite it for a fellow classmate by Wednesday at 11:59. (Remember when choosing a rate and/or a compounding period, the resulting rate is on the table.) 1. For next year's vacation, the Phelps family is saving $200 each month in an account paying 12% annual interest, compounded monthly. How much will be available a year from now? 2. Hank's regular $1,300 quarterly contributions to his retirement account have earned 6% annual interest, compounded quarterly, since he started 10 years ago. How much is in his account now? 3. The managers of a company's pension fund invest the monthly employee contributions of $135,000 into a government fund paying 12%, compounded annually. To what value will the fund grow in 40 years? 1. For next year's vacation, the Phelps family is saving $200 each month in an account paying 12% annual interest, compounded monthly. How much will be available a year from now? 2. Hank's regular $1,300 quarterly contributions to his retirement account have earned 6% annual interest, compounded quarterly, since he started 10 years ago. How much is in his account now? 3. The managers of a company's pension fund invest the monthly employee contributions of S135.000 into a government fund paying 12%, compounded annually. To what value will the fund grow in 40 years