Question: QUESTION 5 Latisha plans to save for a down payment on a house at the end of each quarter for 12 years. The first investment

QUESTION 5 Latisha plans to save for a down payment on a house at the end of each quarter for 12 years. The first investment is $2700 and she plans to increase the investment amount by 0.69 per quarter thereafter. Assume her investments can earn 34 compounded quarterly. Round final answers to the nearest cent. a) How much money will Latisha have at the end of 12 years? (2 marks) b) What will be the investment amount of her last savings contribution? (1 mark)

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