Question: You can answer first two question, but if you are easy with 3 question also , then please also answer third part, but if can

You can answer first two question, but if you are easy with 3 question also , then please also answer third part, but if can answer only first two question then please answer , do not skip the question for the third part

You can answer first two question, but if you are easy with

1. If you wanted to earn $925 every month in interest from a savings account, how much would you need to place in the account at the end of each month if the interest rate is 4.23% compounded monthly? How would it affect the answer if you wanted the payments to start today?* Your answer 2. If you wanted to earn $925 every month in interest from a savings account, how much would you need to place in the account at the end of each month if the interest rate is 4.23% compounded semiannually? How would it affect the answer if you wanted the payments to start today? Your answer 3. What amount should you invest now if you want to receive payments of 4 po $1520 at the end of each quarter for nine years with the receipt of the first payment two years from now? Assume that money earns 2.31% compounded quarterly.*

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