30 ) enie has agreed to contribute $35 per month for the next 4 years towai a new park in town. Assuming an interest rate of 9.5%, how much must she contribute now if she decides to make one lump sum contribution? A) $1401.44 B) $1403.34 C) $1393.14 D $1405.24 8) Mary needs $9000 in 12 years. What amount can she deposit in an account at the end of each quarter at 6% interest compounded quarterly so she will have her $9000? A) $125.68 B) $129.37 C) $533.49 D $133.23 9) Mark and Kate are establishing a fund for their son's college education. What lump sum must they deposit in an account that gives 6% annual interest rate, compounded monthly, in order for them to have $65,000 in the fund at the end of 10 years? A)$35,726.13 B)$38,046. 13 c) $40,302.13 D$37,026.13