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This year Aryna Sabalenka of Belarus won her first US Open, beating American Jessica Pegula in straight sets and collecting a prize of $ 3

This year Aryna Sabalenka of Belarus won her first US Open, beating American Jessica Pegula in straight
sets and collecting a prize of $3.6 million.
a) If Aryna decided to invest all her US Open winnings, into an investment earning 7.5% compounded
quarterly for the next 5 years, how much would Aryna have at the end of 5 years? (4 marks)
b) After 5 years, if Aryna uses the accumulated funds from (a) to donate to her favourite charities, how
much could she donate annually at the end of each year, if she wanted to continue her donations
for 20 years? (Assume funds are kept in the same investment)(6 marks)
c) Referring to (b) how much could Aryna donate to her favourite charities each year if the donations
were made at the beginning of each year? (

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