Solve the problem. 12) Barbara knows that she will need to buy a new car in 3 years. The car will cost $15,000 by then. How much should she invest now at 6%, compounded quarterly, so that she will have enough to buy a new car? A) 512,545.85 B) $11,881.40 C) $13,349.95 D) $13,727.12 Solve the problem. 13) Angelo wants to make an investment today so that he can have $2700 in a year to buy some new kitchen appliances. How much should he set aside now if he can invest the money at 1.6% annually, compounded annually? A) $2327.59 B) $2657.48 C) $2647.48 D) $1687.50