How long will it take to save $12,500 by making deposits of $80 at the end of every month into an account earning interest at 8.4% compounded quarterly? State you answer in years and months (from 0 to 11 months) it will take year(s) and month(s) to save $12,500 For a sum of money invested at 11.8% compounded quarterly for 10 years state the following values (a) the number of compounding periods (b) the periodic rate of interest (c) the compounding factor (1 + i)" (d) the numerical value of the compounding factor (a) The number of compounding periods is (Type an integer or a decimal.) (b) The periodic rate of interest is % (Round to six decimal places as needed) (c) The compounding factor is (1) (Type integers or decimals.) (d) The numerical value of the compounding factor is (Round to six decimal places as needed.)