Spring 2023 3. (20 points) You plan to study for an MBA in four years. You think that you can make an annual deposit of $5,000 into your savings account starting at the beginning of Year 1 for the following four years. The interest rate (APR) is 11% 1) (4 points) Is it an ordinary annuity or annuity due? 2) ( 6 points) What is the ending balance in Year 4 ? Complete the table. 3) (10 points) You think that you can increase your deposit by $100 each year since your salary is expected to grow. What should be your initial deposit in order to have $40,000 at the end of year 4 ? Use the Goal Seek function to find the initial deposit (x). (3 points) Provide your three inputs for the Goal Seek. - Set cell: - To value: - By changing cell