please answer all

1. Help the Sampsons determine how much they will have for the children's education by calculating how much $3,600 in annual savings will accumulate to if they earn interest of (a) 2 percent and (b) 5 percent. Next, determine how much $4,800 in annual savings will accumulate to if they earn interest of (a) 2 percent and (b) 5 percent. Savings Accumulated Over the Next 12 Years (Based on Plan to Save $3,600 per Year at 27 or 57) Amount Saved Per Year Interest Rate Years Future Value of Savings $0.00 $0.00 Savings Accumulated Over the Next 12 Years (Based on Plan to Save $4,800 per Year at 27. or 52) Amount Saved Per Year Interest Rate Years Future Value of Savings $0.00 $0.00 2. What is the impact of the higher interest rate of 5% (instead of 2%) on the Sampsons' accumulated savings? 3. What is the impact of the higher savings of $4,800 (instead of $3,600) on their accumulated savings? 4. If the Sampsons set a goal to save $70,000 for their children's college education in 12 years, how would you determine the yearly savings necessary to achieve this goal? How much would they have to save by the end of each year to achieve this goal, assuming a 5 percent annual Calculator: Savings Needed Each Year Future Savings Goal Interest Rate Years Savings Needed Each Year $0.00