1. Alisha's house is 15 years old, and it needs a new roof. A local roofing company quoted $16000 for the job. She plans to have the job done two years from now. TVM Advanced Calculator a) Alisha's savings account pays 3.6% per year, compounded monthly. How much does she need to save each month to have $16000 in two years? You may use the TVM Advanced Calculator. (4 points) Mode End Beginning Present Value PV Payments PMT Future Value FV Annual Rate(%) Rate Periods Periods Compounding b) Calculate the monthly payment for a three-year personal loan of $16000 at 8.4% per year, compounded monthly. (4 points) TVM Advanced Calculator Mode End Beginning Present Value PV Payments PMT Future Value FV Annual Rate %) Rate Periods Periods Compounding c) How much money will Alisha save by paying cash for the repairs instead of taking the loan? (2 points)