3. Do the Math 1-3 ebook Do the Math 1-3 Present and Future Values Megan Berry, a freshman horticulture major at the University of Minnesota, has some financial questions for the next three years of school and beyond. Round your answers for the following questions to the nearest dollar 1 Megan's tuition fees, and expenditures for books this year total $30,000, what will they be during her senior year (three years from now), assuming costs rise percent anual (HintMe Appendix Al or the Garman/Forque companion website. Round Future value of a single Amount in intermediate caculations to four decimal placen. $ b. Megan in applying for a scholarship currently valued at $9,000 at the end of first year. If she is awarded it at the end of next year, how much is the scholarship worth in today's dollars, assuming Inflation of a percent? (Hint: Uwe Appendix A2 or the Garman/logue companion website) Round Present value or a Single Amount in Intermediate Talculations to four decimal proces $ 6 Megan is already looking abad to graduation and a job, and she wants to buy a new car not long after har graduation. It after graduation she begins an investment program of $2,500 per year in an investment yielding 6 percent, what will be the value of the fund after three years Cint: Ust Appendix A. or the Garman/karuit companion website.) Round Future value of Series of Equal Amounts in intermediate calculations to four decimal places d. Megan's Aunt Karroll told her that she would give Megan $500 at the end of each year for the next three years to help with her college expenses. Assuming an annual Interest rate of 6 percent, what the present value of that stream of payments? Use Appendix A. or the Garmarforove companion website Hound Present valut of Serties of tual Amounts in intermediate calculations to four decimal places