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QUESTIONS/DUTIES Determine the values for the questions and solve according to that. Fill in the...

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QUESTIONS/DUTIES Determine the values for the questions and solve according to that. Fill in the blanks in the questions below yourself and solve them according to the values you assign. 1. Hamilton wants to accumulate to..(x)... at the end of 4 years. It starts quarterly payments in a bank account which pays J4=...% annual interest rate with quarterly compounding). a) Find the size of quarterly payments. (20 points) b) If, after 2 years, bank switches the rate to J4=8%, what would be the size of quarterly payments for last 2 years required to meet the ...(x)... goal? (25 points) II. Ayhan invested t... in an account that paid simple interest. How long he would need to invest in at ..% interest to accumulate ...? (25 points) a) What would be the accumulated value of t.. In a saving account at 8% per year for...(Y)... years when the interest is compounded? (15 points) b) What would be the accumulated value of the same amount after. (Y)... years with the same rate but not compounded (simple interest) annually? (15 points)

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