Anancial contracts involving investments, mortgages, loans, and so on are based on either a fixed or a variable interest rate. Assume that fixed interest rates are ised throughout thit question? Ava deposited $1,300 in a savings account at her bank. Her account will earn an annual simple interest rate of 8.246 , If she makes no additional deposits or withdrawals, how much money will she have in her account in 5 years? $205.60 51,927,88 $1,415.34 $1,833,00 Now, assume that Avas savings institution modifles the terms of her account and agrees to pay 8.246 in compound interest on her $1,300 balance. All other things being equal, how much money will Ava have in her account in 5 vears? $1,833.00$1,927.88$158.09$1,406,60 Suppose Ava had deposited another $1,300 into a savings account at a second bank at the same time. The second bank also poys a nominal (ot stated) interest rate of 8,2% but with quarterly compounding. Keeping everything else constant, how much money will Ava have in her account at this bank in 5 years? $173.08 $1,950.76 $206.60 $1,409.92