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Number 5 please 5. Assume tha per t you are investing $3,000 in a savings plan today and will make additional contributions quarter. The plan

Number 5 please image text in transcribed
5. Assume tha per t you are investing $3,000 in a savings plan today and will make additional contributions quarter. The plan pays 3% interest per year compounded quarterly at the beginning of of $300 each period instead of the end of each period. a. What is the interest rate per period? Round to 4 decimal places. (2 Points) b. What is the total number of payments? (2 Points) c. Write an Excel formula to determine how much your savings will be worth in 5 years. (4 Points) d. What is the output of this function? If the output is negative, include that as well. (2 Points)

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