The owner of a local Subway borrowed $12,000 to expand their shop. They borrowed the money from corporate finance for 7 years with 6% interest compounded quarterly. How much will this Subway shop repay? A Question 4 (Mandatory) (5 points) Listen The University of Mississippi's tuition is estimated to be $17,600 per year for four years. What must you deposit today assuming you can earn 5% compounded annually to have the total cost of four years education in 6 years? A Question 5 (Mandatory) (5 points) Listen A local Kinko's will need a new web press in 20 years. Assuming the press will cost $280,000, what must Kinko's deposit today at 12% compounded semi-annually to have enough to pay for the press?