Question 3 (30 points) Mr. Anderson is planning to finance his son's future university education. His plan is simple; he will deposit some amount of money at 6% compounded quarterly. It is known that he has to provide $40,000 yearly as tuition fee when his son's university education begins. A typical university degree is obtained in four years. His son is five years old now and his university education will begin at the age of 18. a-) What should be the amount of quarterly deposits in order to provide yearly tuition fees for four years? b-) If his son takes the blue pill and finishes his university education in two years, what is the new amount of quarterly deposits? C-) If his son takes the red pill and drops out of university after the first year, what is the present worth of the remaining money