Liam deposits $3,500 in saving account that pays 0.8% interest, compounded quarterly. Round each answer to the nearest cent.
a. Find the first quarter's interest.
b Find the first quarter's ending balance.
Find the second quarter's interest.
D
d, Find the second quarter's ending balance.
e. Find the third quarter's interest.
Find the third quarter's ending balance.
8 Find the fourth quarter's interest.
h. What is the balance at the end of one year?
How much interest does the account earn in the first year?