Sofia made a deposit of $600 into a bank account that earns interest at 3.5% com- pounded

Question:

Sofia made a deposit of $600 into a bank account that earns interest at 3.5% com- pounded monthly. The deposit earns interest at that rate for five years.
(a) Find the balance of the account at the end of the period.
(b) How much interest is earned?
(c) What is the effective rate of interest?

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