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Cousin Berta invested $ 1 1 0 , 0 0 0 eleven years ago at 8 percent, compounded quarterly. a . How much has she

Cousin Berta invested $110,000 eleven years ago at 8 percent,
compounded quarterly.a.How much has she
accumulated?(Use a Financial calculator to arrive at
the answer. Round the final answer to the nearest whole
dollar.)Future value
$b.What is her effective annual interest
rate (rate of return)?(Use a Financial calculator to
arrive at the answer. Round the final answer to 2 decimal
places.)Effective annual interest rate

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