1_ At the time of her grandson's birth, a grandmother deposited $10,000 in an account. The account was paying 6.5% interest compounded monthly.

a. If the rate did not change, what was the value of the account after 15 years?

b. If the money had been invested at 6.5% compounded quarterly, what would the value of the account have been after 15 years?

a. The value of the account will be ________

( Round to the nearest cent.)

b. The value of the account will be ______

( Round to the nearest cent.)