Question 7 Answer saved Marked out of 3.00 Rag question Computing Annuity Amounts Under Different Situations Answer the questions to the following two separate scenarios. For # 1, enter the percent rounded to two digits after the decimal; enter 2.04 for 2.044% or 2.05 for 2.045%. For #2, round your answer to the nearest whole number. 1. Oliver Inc. plans to establish a debt retirement fund, beginning December 31. Contributions of $18.800 are made to a trustee annually, beginning December 31, so that the desired amount of $90.120 is available in four years, the date of the last payment. Compute the required interest rate that must be earned by the fund on an annual basis to satisfy these requirements. 2. Polus Inc. decides to create a plant expansion fund by making equal annual deposits of $12.000 on each January 1. Interest at 10% compounded annually is added to the fund balance each year-end. How many deposits are required to accumulate a fund of $313.077? 0.96