Question 3 of 6 How much should Ali's dad invest in a savings account today, to be able to pay for Ali's rent for the next four years, if the rent is $500, payable at the beginning of each month? The savings account earns 3.23% compounded monthly. Round to the nearest cent SUBMITASSIGNMENT SAVE PROGRESS Question 5 of 6 What should be the amount in an RRSP that is earning 7.50% compounded semi- annually if it can be converted to an RRIF that will provide $700 at the beginning of each month for 4 years? Round to the nearest cent SAVE PROGRESS SUBMIT ASSIGNMENT