3. You deposit $12,000 into an account that pays 4.2% interest compounded monthly. To the nearest cent, to what amount will this deposit grow after a decade? (b) You deposit $100/month at the end of each month for a decade into an account that pays 4.2% interest. To the nearest cent, what will the value of your deposits be after a decade? (c) Which of these answers, (a) or (b), is greater? Why?