Financial Mathematics Culminating Problem For each of the three scenarios below, complete the following: a) Use the formulas and strategies from this unit of study to make any necessary calculations. Describe what formulas/strategies you used to arrive at your answers and show the calculations or formulas you used. If you used an online calculator (such as the TVM solver), attach screenshots showing the numbers you put into the calculator and the results you received. a) Write a short summary answering any questions posed in the scenario and your thoughts about the situation (example: in problem 1, discuss your findings in terms of which loan you would choose and your rationale for choosing that loan). In addition, include any other thoughts or opinions you may have about the particular scenario. Scenario 2: At the time of their birth, you decide to open a savings account to save for your child's college education. Do a bit of research online to find some estimate of how much a year of college might cost in Kentucky and include a screenshot showing where you found your information. Then calculate/list the following: (a) The cost of a year of tuition on which you will base your other calculations (b) how much it would cost to attend at that rate for four years (c) the amount of money you would need to invest per month at 3% interest compounded monthly to have enough to pay for four years of college for your child (d) how much interest would the account earn in 18 years