1. You would like to save $125 at the beginning of every month for the next 3 points seven years in a savings account at 4.65% compounded monthly. What would be the accumulated value of your investments? Your answer 2. An Auto Shop wishes to accumulate a fund of $400.000 during the next 3 points 5 years in order to open at a second location. At the beginning of each quarter, a fixed amount will be invested in a money market savings account that will earn 3.42% compounded quarterly. What should the quarterly investment be in order to reach the savings objective? Younswer