Future Value Calculations Akiko and Shiloh are still sitting together, with their notebooks and textbooks open, in a booth at a nearby coffee shop. They've been working practice problegms from Dr. Smith's personal finance class. Help Akko and Shiloh complete the following three problems in their homework assignment. Problem 1. Within the month, Jackson is taking a new job and moving to a city with an outstanding rapid transit system. He intends to sell his car for $12,500 and invest the money by placing it in a savings account. The account will pay 5% per year in compound interest, and he wants to keep the funds on deposit for three years. At the end of his investment period, Jackson expects to have an accumulated balance account. (Note: Round your answer to the nearest whole dollar.) in his savings You can use the following dropdown menu to access a table of Future Value Interest Factors. Problem 2. Carlos is currently taking a course in personal finance and has learned the benefits of both starting a savings plan and starting it early. Therefore, he has decided to save $240 per year in an account that pays 8%. He plans to open the account tomomow and will make deposits at the end of each year, including this year, for the next 5 years. Note: Round your answer to hearest By the end of his investment perlod Ch 01: Engagement Activity- Understanding Personal Finand