4 On January 1, you plan to take a trip around the world upon graduation four years from now. Your grandmother wants to deposit sufficient funds for this trip in an investment account for you. On the basis of a budget, you estimate that the trip currently would cost $16,000. Being the generous and sweet lady she is, your grandmother decided to deposit $3,750 in the fund at the end of each of the next four years, starting on December 31, 2021. The account will earn 6 percent annual interest, which will be added to the account at each year-end. (Future Value of $1, Present Value of $1, Future Value Annuity of $1. Present Value Annuity of $1. Financial Calculator) (Use tables, Excel, or a financial calculator.) 2.16 points eBook Print Required: 1. How much money will you have for the trip at the end of year 4 (i.e., after four deposits)? 2. What is the total amount of interest earned over the four years? 3. How much interest revenue did the fund earn in each of the four years, starting in 2021? References Required 1 Required 2 Required 3 Compute the bond issue proceeds assuming a market interest rate of 9 percent. Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. (Round "Bond Issue Price as a Percentage" to 2 decimal places.) $ Present value of total proceeds from bond issue Bond Issue Price as a Percentage of Face Value 2,700,000 % Required 1 Required 2 Required 3 Compute the bond issue proceeds assuming a market interest rate of 8 percent. Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. (Round "Bond Issue Price as a Percentage" to 2 decimal places.) Present value of total proceeds from bond issue Bond Issue Price as a Percentage of Face Value % Required 1 Required 2 Required 3 Compute the bond issue proceeds assuming a market interest rate of 10 percent. Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. (Round "Bond Issue Price as a Percentage" to 2 decimal places.) Present value of total proceeds from bond issue Bond Issue Price as a Percentage of Face Value %