1. becky won $108,000 by coming in first place at a chess tournament, and she has the option of receiving 4 quarterly payments of $27,000, with the first payment in 3 months, or 1 lump-sum payment of $108,000 occurring in 12 months. once she receives her money, she plans on putting it in a savings account paying simple interest at an annual interest rate of 8.8% calculated quarterly. becky's financial adviser told her that she'll "lose" money if she takes the lump-sum payment, and becky wants to calculate how much she'll "lose." (8 points: part i – 1 point; part ii – 2 points; part iii – 2 points; part iv – 2 points; part v – 1 point) part i: what is the periodic interest rate offered by becky's savings account? part ii: for her first payment of $27,000 occurring in 3 months, how many quarters will becky be able to have the money in the bank before the lump-sum payment would have occurred? how much will becky earn in interest on her first payment durin