In this activity, you will demonstrate your financial applications of sequences and series and your understanding of the annuity as a geometric series. Create a complete solution (show all steps/work) for each of the following questions. 1. Carlos wants to save 5,000 in 2 years for university. He invests $1500 now at 2.95% per year, compounded quarterly. His mother wants to help him save money for school, so she invests her money at 3.6% per year, compounded semi-annually. How much money does She invest now so Carlos can have 5,000 in 2 years