6.Anna made regular equal deposits into a savings account at the end of every month for 3 years. The investments were earning 6.00% compounded quarterly and grew to $14,500 at the end of 3 years.

a. Calculate the size of the month-end deposits.

Round to the nearest cent

b. How long will it take for the $14,500 to accumulate to $37,605 if the interest rate remained the same and he continued making the same month-end deposits throughout the term?

years

months

Express the answer in years and months, rounded to the next payment period