Ann invested

$5100

in an account that pays an annual interest rate of

2.4%

, compounded monthly. Answer each part. If necessary, refer to the

list of financial formulas

.

(a)	Find the amount in the account after one year, assuming no withdrawals are made. Do not round any intermediate computations, and round your answer to the nearest cent.
		$
(b)	Find the effective annual interest rate, expressed as a percentage. Do not round any intermediate computations, and round your answer to the nearest hundredth of a percent.
		%