A student received an inheritance from her grandmother of $3000. She places the money in a savings account paying simple interest at 10%. What will be the value of the account after 6 months? The value of the account after 6 months is $ Find the compound amount for the deposit and the amount of interest earned. $8600 at 3% compounded quarterly for 9 years The compound amount after 9 years is $ (Do not round until the final answer. Then round to the nearest cent as needed.) The amount of interest earned is $ (Do not round until the final answer. Then round to the nearest cent as needed.) Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated. $9700 at 4% compounded quarterly for 6 years The present value is $ . (Do not round until the final answer. Then round to the nearest cent as needed.)