buket wants to invest some money in an account that pays 3.5% interest,compounded yearly. she wants to have an accumulated amount of $6000 at the end of 4 years.

a) identify the values of A,i and n to be used in the formula P=A(1+i)^-n

b)determine how much Buket needs to invest today in order for her to reach her goal in 4 years.

c) how much less would she need to invest if the financial institution were to offer her 4% annual interest? show work