A consulting company is retained by a large organization for a $4-$year project. The consulting fees in the first year will be $$320,000.$ Costs are expected to decrease by $4\%$ per year due to the learning curve and the consulting company$$s ability to work more quickly as it better understands the organization$$s procedures. The consulting company will bill the organization for the entire cost of the project at the end of year $4$ and will charge $12\%$ interest per year on consulting fees incurred. How much will the organization owe the consulting company at the end of year $4?$Emily plans to save for a down payment on a house. She saves $$1000$ per quarter from her salary and decides to deposit the money into a savings account that pays interest at a rate of $6\%$ compounded monthly. Use this information to answer the following questions.What would be the balance of Emily$$s savings account at the end of $2$ years? Answer to the nearest dollar.