16. 01 POINTS PREVIOUS ANSWERS AUFEXC4 11.2.037. MY NOTES ASK YOUR TEACHER How much money should be invested in an account that earns 3% Interest, compounded monthly, in order to have $15,000 in 4 years? (Round your answer to two decimal places.) Need Help? Submit Answer Practice Another Version 17. -13 POINTS AUFEXC4 11.2.039. MY NOTES ASK YOUR TEACHER interest (Round your answers to two decimal places.) An amount of $1400 is deposited for 7 years in an account that carns (a) Calculate the simple interest earned (b) Calculate the interest earned interest is compounded daily Laman the count when the interest is compounded daily