Catherine saved $270 at the end of every month for 6 years in his bank account that earned 4.40% compounded monthly.

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

$21,851.22

$22,201.34

$169,123.94

$2,761.34

b. What is the interest earned over the period?

$2,491.34

$22,201.34

$3,031.34

$2,761.34