Show ALL your work. Complete the following table for each investment. Length Interest of Frequency of Total number of Annuity (per year) compounding compounding periods, 7 years 2% Quarterly Rate Interest rate per compounding period, (os a decimal) 12 years 10% Annually 3 years 12% Monthly Semi-Annually 5 years 1% 1. Georgio wants to save $12 000 for his first year of college. He deposits $300 at the end of each month in an account that earns 4.8% per year compounded monthly Will Georgio have enough money saved at the end of 3 years? Justify your answer I 2. Aaron borrows money to go on a summer vacation. He will repay the loan by making monthly payments of $112.78 per month for the next 2 years at an interest rate of 7.8% per year compounded monthly How much did Aaron borrow? Show ALL your work. Complete the following table for each investment. Length Interest of Frequency of Total number of Annuity (per year) compounding compounding periods, 7 years 2% Quarterly Rate Interest rate per compounding period, (os a decimal) 12 years 10% Annually 3 years 12% Monthly Semi-Annually 5 years 1% 1. Georgio wants to save $12 000 for his first year of college. He deposits $300 at the end of each month in an account that earns 4.8% per year compounded monthly Will Georgio have enough money saved at the end of 3 years? Justify your answer I 2. Aaron borrows money to go on a summer vacation. He will repay the loan by making monthly payments of $112.78 per month for the next 2 years at an interest rate of 7.8% per year compounded monthly How much did Aaron borrow