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6% compounded quarterly O $253.01 b. How long will it take for the $14,000.00 to accumulate to $39,750.00 if the interest rate remained the same

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6% compounded quarterly
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O $253.01 b. How long will it take for the $14,000.00 to accumulate to $39,750.00 if the interest rate remained the same and he continued making the same month-end deposits throughout the term? o 6 years and 7 months o 9 years and 7 months O 5 years and 7 months O 5 years and 10 months CAVE PROGRESS SUBMIT ASSIGNMENT Question 3 of 8 Bradley made periodic deposits into a savings account at the end of every month for 4 years. The investments were earning 6.00% compounded quarterly and grew to $14,000.00 at the end of 4 years. a. Calculate the size of the month-end deposits. O $265.14 $258.95 O $201.25 O $253.01 b. How long will it take for the $14,000.00 to accumulate to $39,750.00 if the interest rate remained the same and he continued making the same month-end deposits throughout the term? o 6 years and 7 months o 9 years and 7 months O 5 years and 7 months O 5 years and 10 months SAVE PROGRESS SUNT ASSIGNMENT

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