11. Interest carnea(points) Assuming there are no deposits other than the original investment, the balance in savings account after one year may be calculated as Amount Principal(Rate/T))T Principal is the balance in the savings account, Rate is the interest rate, and T is the number of times the interest is compounded during a year ( T is 4 if the interest is compounded quarterly). a program that asks for the principal, the interest rate, and the mumber of times the interest Interest Rate: 4.25% Times Compounded Principal: $1000.00 Interest: S 43.34 : 12 Amouat in Savings: $ 1043.34 nter the principal amount: 5000 Enter the interest rate: 0.03 nter the number of times interest will be compounded: 12 Interest Rate: 0.03% 12 Times Compounded: rincipal: Interest: mount in Savings: 5001.50 $5000.0 1.50