Abigail saved $70 at the end of every month for 5 years in her bank account that earned 4.50% compounded monthly.

a. What is the accumulated value of her savings at the end of the period?

$4,612.89

$4,700.19

$41,946.22

$500.19

b. What is the interest earned over the period?

$430.19

$4,700.19

$570.19

$500.19