Exercise 9-3 Margaret wants to buy a car when she graduates from Central University 4 years from now. She believes that she will need $29,900 to buy the car. Click here to view the factor table (a) Calculate how much money Margaret must put into her savings account today to have $29,900 in 4 years, assuming she can earn 14% compounded annually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to O decimal place, e.g. 58,975. Amount $ (b) Calculate how much money Margaret must put into her savings account today to have $29,900 in 4 years, assuming she can earn 14% compounded semiannually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to 0 decimal place, e.g. 58,975.) Amount $ Exercise 9-3 Margaret wants to buy a car when she graduates from Central University 4 years from now. She believes that she will need $29,900 to buy the car. Click here to view the factor table (a) Calculate how much money Margaret must put into her savings account today to have $29,900 in 4 years, assuming she can earn 14% compounded annually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to O decimal place, e.g. 58,975. Amount $ (b) Calculate how much money Margaret must put into her savings account today to have $29,900 in 4 years, assuming she can earn 14% compounded semiannually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to 0 decimal place, e.g. 58,975.) Amount $