QUESTION 1 You plan on using your savings account to fund semiannual trips to Disney that you estimate will cost $2,000 on average. You just deposited $30,000 into this savings account. If the account earn 1096 compounded semiannually, how many trips can you take? QUESTION 2 Assume you have an option to purchase an investment that will provide a cash payment of $20,000 in 6 years. If you believe the appropriate rate of return is 12% compounded semiannually, how much should you pay for this today? QUESTION 3 Each year, you plan on making a deposit of $3,000 into a savings account earning 996 compounded annually. You plan on working for at least 80 more years before you retire. How much will you have when you retire