a) A person deposits $3000 into a savings account that earns interest at 7,50% compounded daily. How much interest will be earned: during the first year? during the second year? - What ist he accumulated amount oft he Investment? b) With the same investment of $3000 after 3 years compounded semiannually the bank account stands at $3860. What was the compounded annual rate of increase? What was the compounded annual rate of increase if the account was compounding quartarly?