A) A friend has a goal of saving $25,000 in an investment fund that is growing at 5.15% compounded monthly. How long will it take your friend to reach their goal if deposits of $1050 are made at the end of every three months into this fund?

B) Barry deposited $250 in a savings account at the end of every 4 months for 5 years earning 4.8% compounded monthly. He then stopped contributing and allowed the account to grow for another 3 years. How much would Barry have earned in interest at the end of the 8 years. (Hint: Make use of a timeline to organize your calculations)