Suppose the interest rate is 3.6%. a. Having $350 today is equivalent to having what amount in one year? b. Having $350 in one year is equivalent to having what amount today? c. Which would you prefer, $350 today or $350 in one year? Does your answer depend on when you need the money? Why or why not? interest rate of 3.6% per year, how much money do they need to put into the account today to ensure that they will have $105,000 in 4 years? The amount they need to put away today is g (Round to the nearest cent.) You are planning to invest $7,000 in an account earning 12% per year for retirement. a. If you put the $7,000 in an account at age 23 , and withdraw it 45 years later, how much will you have? b. If you wait 10 years before making the deposit, so that it stays in the account for only 35 years, how much will you have at the end