- Solve for the problem. - Label the parts with the provided letters. - Use appropriate units on all answers. - Show all your work to receive full credit. - Work is considered as showing the use by evaluation of the appropriate formula(s) with the provided numbers and information. - If no work is provided, no credit will be given. You want to build a $32,000 shed on your property in 4 years. You find that the bank can offer several options with a rate of 10% compounded quarterly. Your options are the following: A. Option 1: You make a one time deposit money today as one lump sum into a savings account to gain $32,000. I. (2.25pts.) How much would you need to deposit? II. (0.5pts.) How much interest do you earn? B. Option 2: You make a deposit at the end of each quarterly into a savings account to gain $32,000. I. (2.5pts.) How much will the deposit be for each quarter? II. (0.75pts.) How much interest do you earn? C. Option 3: You decide that you want to build the shed today and instead of saving the money up, you take out a loan in the amount of the $21,000 which is how much it will cost to make the shed today. I. (2.5pts.) How much will the quarterly payment be to pay-off the loan in 4 years? II. (0.75pts.) How much interest will you pay back? - Solve for the problem. - Label the parts with the provided letters. - Use appropriate units on all answers. - Show all your work to receive full credit. - Work is considered as showing the use by evaluation of the appropriate formula(s) with the provided numbers and information. - If no work is provided, no credit will be given. You want to build a $32,000 shed on your property in 4 years. You find that the bank can offer several options with a rate of 10% compounded quarterly. Your options are the following: A. Option 1: You make a one time deposit money today as one lump sum into a savings account to gain $32,000. I. (2.25pts.) How much would you need to deposit? II. (0.5pts.) How much interest do you earn? B. Option 2: You make a deposit at the end of each quarterly into a savings account to gain $32,000. I. (2.5pts.) How much will the deposit be for each quarter? II. (0.75pts.) How much interest do you earn? C. Option 3: You decide that you want to build the shed today and instead of saving the money up, you take out a loan in the amount of the $21,000 which is how much it will cost to make the shed today. I. (2.5pts.) How much will the quarterly payment be to pay-off the loan in 4 years? II. (0.75pts.) How much interest will you pay back