Cameron is saving for his retirement 22 years from now by setting up a savings plan. He has set up a savings plan wherein he will deposit $97.00 at the end of every three months for the next 12 years. Interest is 10% compounded quarterly. (a) How much money will be in his account on the date of his retirement? (b) How much will Cameron contribute? (c) How much will be interest? (a) The future value will be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) To purchase a specialty guitar for his band, for the last three years JJ Morrison has made payments of $118 at the end of each month into a savings account earning interest at 3.46% compounded monthly. If he leaves the accumulated money in the savings account for another year at 4.93% compounded quarterly, how much will he have saved to buy the guitar? The balance in the account will be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) You want to receive $350 at the end of every three months for 3 years. Interest is 5.4% compounded quarterly. (a) How much would you have to deposit at the beginning of the 3-year period? (b) How much of what you receive will be interest? (a) The deposit is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Wayne borrowed money to purchase his son's hockey equipment. He made month-end loan payments of $55 for two years on a loan that charges interest at 7.8% compounded monthly. Roberto also borrowed money to purchase his daughter's hockey equipment. He made loan payments of $188 at the end of each quarter for two years on a loan that charges interest at 7.2% compounded quarterly. What was the cash price of each of the sets of hockey equipment, and which parent paid less? The cash price for Wayne's son's hockey equipment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.).