An employee wants to invest $60,000 in a pension plan. One investment offers 4% compounded quarterly. Another offers 3.25% compounded continuously. (a) Which investment will earn more interest in 4 yr? (b) How much more will the better plan earn? (a) After 4 years, the 4% compounded quarterly plan will earn more interest (b) The better plan will earn $more. (Round to the nearest cent as needed.)