Eden is a WSU student who was gifted a $3000 check upon graduating high school on June 30, 2020. In the first quarter of 2021, she decided to invest her money in a mutual fund earning, an annual interest rate of 8%, compounding quarterly.

(a) How much money did Eden waste by waiting until Q1 2021 to invest her money? (15 points)

(b) If Eden made additional investments of $250 every quarter (starting in Quarter 1, 2021), how much would the account be worth at the end of June 2022? (20 points)

(c) Now suppose that Eden wants to withdraw 2 equal amounts, one in Q2 and one in Q3, 2023, and remain with exactly $1000 in her account. What would be the amount of each withdrawal? Note: this answer should consider the additional quarterly investments of $250. (3 points)