Use this function to find the amount needed as a one-time deposit to earn $7, Round to the nearest cent What monthly payment, PM, would you need to deposit into an account that e compounded monthly to earn a future value, FV, of $7,500 in three years? This amount can be found by using algebra to rearrange the function, FV PM so that Abecomes an input variable and P3becomes the output variable. PMT- FV T) -10 se this function to find the amount to deposit each month to earn $7,500 in 3 ound to the nearest cent How much total money would you need to deposit if you made this monthly dep ound to the nearest cent 4) Make an Informed Decision Which saving option is the least expensive? (a) A one time deposit left to accrue intenest for 3 years b) Monthly deposits for 3 years Which saving option would you choose? (type the option number into the box b Option 1: Monthly deposits because it is too difficult to came up with the amoun time deposit. Option 2: A one-time deposit because it is the least expensive option Option 3: Monthly deposits because it is the least expensive option Option 5 Evaluate Your Reasoning Identify which of the following reasons that could prompt a change in your dec to use to save money (Select all that apply) uption : Montniy deposits because it is too aITricuit to come up witn tne amoun time deposit. Option 2: A one-time deposit because it is the least expensive option. Option 3: Monthly deposits because it is the least expensive option. Option 5) Evaluate Your Reasoning Identify which of the following reasons that could prompt a change in your deci to use to save money. (Select all that apply) e) After your dream vacation,you decideto travel more frequenty (b) The week before you planned to begin saving money you lose your job. e) After your dream vacation, you never want to leave home again (d) You inherit $7000 the week before you planned to begin saving money. (e) After saving money for one year, an outbreak of a very contagious 2-year pla vacation site