For a six year period Amanda deposited $700 each quarter into an account paying 5.6%annual interest compounded quarterly.(Round your answers to the nearest cent.) (a) How much money was in the account at the end of 6 years?Show work. (b) How much int
For a six year period Amanda deposited $700 each quarter into an account paying 5.6%annual interest compounded quarterly.(Round your answers to the nearest cent.) (a) How much money was in the account at the end of 6 years?Show work. (b) How much interest was earned during the 6 year period?Show work. Amanda then made no more deposits or withdrawals and the money in the account continued toearn 5.6% annual interest compounded quarterly for 3 more years.(c) How much money was in the account after the 3 year period?Show work. (d) How much interest was earned during the 3 year period?Show work.