II la 1 \\wI-IVII.' Your friend Ming answers the following question on her quiz: "You have worked hard at your summerjobs - and saved almost all of your earnings. After two summers, you have saved $3500. If the bank is paying 3.25%/year, compounded semiannually. How much will your savings be worth in 5 years?" Her solution was: A1, = $3500 11 = 3.25%or0.0325 'n. = 5 Using the formula: A = A00 4-1;)" = 3500(1+0.0325)5 = $4106.94 She receives a mark of 5/10 and asks you to explain why she lost 5 marks. In your answer make sure to: C] 3) Explain why her solution is not accurate. [3 b) Show what she should have done. C] c) Give some general advice in answering these kinds of questions