a) How much will you need to invest today to get the following cashflows at a discount rate of 5.4%: (2 points) Y1: $2,500 Y2: $2,700 Y3: $3,500 b) What is the value of the cash flows given in (a) at the end of 3 years at a discount rate of 6.8%? (2 points) c) Fredo has the option of choosing between two savings accounts one with which pays 4.25% with quarterly compounding and another with 4% with monthly compounding. Which account should he use? (2 points) Use the editor to format your answer

a) How much will you need to invest today to get the following cashflows at a discount rate of 5.4%: ( 2 points) Y1:$2,500Y2:$2,700Y3:$3,500 b) What is the value of the cash flows given in (a) at the end of 3 years at a discount rate of 6.8%? ( 2 points) c) Fredo has the option of choosing between two savings accounts one with which pays 4.25% with quarterly compounding and another with 4% with monthly compounding. Which account should he use? (2 points)