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Sarah opened this portfolio when she turned 45: Semi-annual deposits of $3000 into an account averaging 3.4%, compounded semi-annually A $25 000 bond earning 7.8%,

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Sarah opened this portfolio when she turned 45: Semi-annual deposits of $3000 into an account averaging 3.4%, compounded semi-annually A $25 000 bond earning 7.8%, compounded monthly Based on this information, answer these questions: a. What will be the value of the portfolio when she turns 65? Show your work. b. When she turns 65, she cashes in the entire portfolio. She keeps $80 000 to travel around the world for a year and invests the remaining money in an account that pays 7.2%, compounded quarterly. How much will the account be worth after 3 years? Show your work. c) What is the rate of return on this account in part b

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