10) Martina is a Grade 11 student at St. Martins CSS. She has saved $2500 form her part-time job at Great Foods and wants to put it toward paying for college in 2 to 3 years. She wants to make an informed decision about what to do with her savings. Write a report for Martina. Here are questions that should be address in the report. You can answer them individually to make it easier. a) What effect will interest rates and frequency have on her savings? /2 b) What savings alternative should she choose for 2 years? 3 years? /2 c) What interest rate can she expect to earn in 2 years and in 3 years? /1 d) Find the interest and the amount earned if she invested $2000 at 3.5% compounded semi-annually for the next 3 years. 14 e) What variables you change other than interest so that Martina can earn more money. /1