For 13 years, Janet saved $250 at the beginning of every month in a fund that earned 5.5% compounded annually. a. What was the balance in the fund at the end of the period? Round to the nearest cent b. What was the amount of interest earned over the period? Round to the nearest cent A contract requires lease payments of $900 at the beginning of every month for 3 years. a. What is the present value of the contract if the lease rate is 4.75% compounded annually? Round to the nearest cent b. What is the present value of the contract if the lease rate is 4.75% compounded monthly? Lauren secured a 5-year car lease at 5.60% compounded annually that required him to make payments of $883.62 at the beginning of each month. Calculate the cost of the car if he made a downpayment of $2,000. Round to the nearest cent